TheGlobe.com Inc (TGLO)

[No1Uknow]

Makes perfect sense, it's not the value of the project, it's about giving previous shareholders a piece of the pie, how much are they willing to give up..

My prediction is a 10 for 1 reverse split giving the company a 44.1 million float, large income tax credit,and large money ready to invest. That makes it manageable to build on.

bin there, done that..

If it does not happen by Jan 15th then they will most likely keep it as is with 441 m outstanding.