Voip Pal Com Inc (VPLM)

[Spyke37]

I am of the opinion that there will not be a reverse split, but lets assume that right now the Market Cap of VPLM is $112,500,000 (1.5 billion shares * $0.075/share). What do you expect the Market Cap to be after the reverse split???????? I think we all know the answer is that the Market Cap will be the same; therefore I ask you, what would be the point of a reverse split????? Does the market punish companies for having too many shares? Does the market pay a premium for shares that are over $1.00. Has any of this been established empirically?

My finance education came to a close in 1986, but at that time I was taking a corporate finance class from a Nobel Laureate who very eloquently elaborated on the total waste of time and money represented by stock splits in either direction.

Please enlighten me. I fully admit to being very inexperienced in the penny stock world and, as mentioned before, a bit of a dinosaur when it comes to the state of modern financial thought.