InvestorsHub Logo
Followers 13
Posts 2194
Boards Moderated 0
Alias Born 05/30/2012

Re: XNRGI2008 post# 23459

Wednesday, 05/24/2017 12:09:55 PM

Wednesday, May 24, 2017 12:09:55 PM

Post# of 30168
July of 2009 was when they announced intent to reverse split, 1 sh for 200. They also executed it in July 2009.

https://globenewswire.com/news-release/2009/07/28/401637/169973/en/NEAH-Power-Systems-Announces-Reverse-Split-and-Plans-for-1-2-Forward-Split-for-Listing-Eligibility.html

The only time they ever did what they said they were gonna do.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6715597

They then completed a forward split of 2 for 1. Here's why explained below.

http://www.globenewswire.com/news-release/2009/08/11/402740/171182/en/Neah-Power-Systems-Issues-Letter-to-Shareholders-Part-One.html

D'Couto only seems to be able to execute then he is "hurting" shareholders, when its something good there doesn't ever appear to be follow thru.

VC won't touch this with w 10 ft pole as it is. It would have to be reverse split again back to less than 100 million sh. That entails another 1 for 200 reverse.

JMHO

Bill

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.