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Re: Lasthope1962 post# 10618

Sunday, 09/04/2016 4:25:49 PM

Sunday, September 04, 2016 4:25:49 PM

Post# of 108590
Yes, there were 2 proposed stock splits in the 8K. One is a 100/1 of the outstanding shares. That is because a cutting-edge Nasdaq-type high-tech company by the name of PixelMags is reverse-merging into our SPCL shell and that particular proposed RS allows SPCL's share price to attain a level that could some day in the not-so-distant future allow us to possibly be listed on the Nasdaq stock exchange. The 2nd RS that is mentioned is a 10/1 of the authorized shares. A reverse split of the authorized is good news no matter how you try to color it. Simply means that there will be maximum number of outstanding shares available for the company to issue which will be 90% less than the current maximum. Typical stinky-pinky 1000/1 RS's do not RS the AS thus allowing them to repeat the same disastrous endless dilution schemes over-and-over. Completely differnt from what SPCL is doing as there is absolutely no dilution occuring here and the only reason a RS might occur is to attain a future major-exchange listing.

Back in May when the 8K came out investors should have been buying these shares hand-over-fist rather than screaming RS and panic selling. I must admit I almost did the same thing myself but a couple of posters on this board were mentioning PixelMags/48 M in revenue and reverse merger etc. Thankfully it got me to dig a little deeper and I ended up cancelling my very large sell order and instead began buying all I could. I probably spent 8 hours total studying the entirely of that 8K forward and backward. It is a very official and thorough document that should be read by all here if they are serious long-term investors. I am so very glad I did! IMHO

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