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Re: wheels post# 49918

Saturday, 09/30/2006 3:33:14 PM

Saturday, September 30, 2006 3:33:14 PM

Post# of 78729
Hey wheels. I tend to agree to some point. The future does look like it may be shaping up to some degree. I'm still in wait and see mode. It's hard to refute the recent press releases. It appears they may have something of value.

A few things definitely cause great concern, though.

One question I do have for you that I've asked a few others.

How do you feel NV will deal with the share price into the future without doing a reverse split? Companies that have this many shares outstanding, in many cases, have used the shares to purchase other revenue generating companies that adds immediately to their bottom line. A company starting from scratch should have no more than 50 million O/S or so MAX.

Also, it's VERY hard to attract smart money to a stock with so many shares outstanding.

How do they do it without doing a reverse split?

So far, everyone I've asked has no idea how they'll accomplish this. In my opinion, a reverse split is a GIVEN unless they take it private...which seems to be a definite viable alternative as Bill has stated.



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