Argonath Correct the A/S is used
That is the beauty of this move by Paiv. Your post is right on.
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If PAIV goes to a bigger board, as I posted once before (all things considered), then it opens up more than people understand.
1. A 200-1 reverse split, at the cosing price today makes the stock worth $16.00 a share. If the shorts have to cover, the stock price will go up in nickles, dimes, etc... in climbing... not .001 etc...
2. A new board means that regulation will be STRICTER and there will be LESS chance for NSS. Shorting yes, but NSS... not as likely.
3. If PAIV shows not only revenues, but low or no debt, then this stock will APPEAL to the masses of people looking for a 'virtual' IPO.
4. On a new board, this stock will attract institutional investors for many things to include mutual fund, and other types of portfolios.
Im all for a reverse split of this magnitude... IF 2 things occur. One, movement to a big board at same time, and two, if the A/S is indeed included, and not just the O/S.
Argonath
