InvestorsHub Logo
Followers 3
Posts 1082
Boards Moderated 0
Alias Born 02/07/2005

Re: Been_Burned_Before post# 6806

Wednesday, 08/16/2006 7:03:20 AM

Wednesday, August 16, 2006 7:03:20 AM

Post# of 14027
Reverse split here we come!

You will, at some point, if my suspicions are correct (they have been right on the money, so far) get a reduction in your shares from anywhere from 10 shares down to one, to 20 shares down to one.

The logic states that the company's stock price will also be INCREASED by that same factor, except it usually doesn't last more than an hour on open trading.

People owned litfiber, in HUGE amounts. 100,000 200,000 a million here and there...when it R/S to GFCI a million share holder suddenly had 100,000 shares and saw his shares decrease in value from about a dollar fifty, to the current .16 range. Money multiplying the wrong way. All legal. All without the hint of any bodily harm happening to the people doing the dealmaking, or any other repurcussions (IMO not counting the one way trip to Hell upon one's last breath) legal or otherwise.....


this will not end pretty, IMO