expect more dilution because they need to raise money now - and some form of a "secondary" would work at $2.00 (after a 1000-1 reverse split). Btw. for those of you who are horrified by the idea of a reverse spit - you just don't get it.
If you have 250,000 shares @ .002 worth $500 - after a reverse split as mentioned; you'd have 250 shares @ $2.00 worth $500. So, why all this fuss over a reverse split? - it's a good thing! One day OTTV might even qualify for a NASD-OTCMKT listing and that's what you want! You don't want a micro-cent pink sheet stock. That will end in catastrophe for sure - like 99.9% of these pink sheet listings.
There will NEVER be a buy-back of any kind - get that through your heads. The ridiculous examples posted of "penny stock buybacks" were in reality cancellations of a class of stock or retirement of huge chunks of stock that a Board decided to eliminate (a game that can be played in the pinks). No one here has posted an SEC filing of a penny stock that actually bought back its own stock with real cash. However, don't waste your time by looking for one - you won't find it. But, if you insist on posting more examples of non-existent buy-backs - that's your perogative. Prove me wrong with a link from the SEC/Edgar records (easy to find).
This company has great potential. They have a cutting-edge technology that with the proper start-up funding could be a success. But - understand this - OTTV needs to raise miliions of $$$ - and that will result in a major dilution of your holdings. Sorry, that's the truth - like it or deny it.
