IMD Companies Inc (ICBU)

[Xylan]

The company has only 2 choices as the 5,000,000,000 AS will be maxed out by the second week of January, they can either do a reverse split or raise the AS to say 10,000,000,000. But raising the AS creates a problem as the pps by mid January will be nearing 0.0001 so raising the AS does nothing as the note holders at least need a bid to be able to sell... so I’m guessing reverse split is the direction that they will pursue.