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gabeh

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gabeh

Re: thomas21 post# 22596

Thursday, 11/30/2006 8:42:25 PM

Thursday, November 30, 2006 8:42:25 PM

Post# of 82841
That's because they then start printing and selling shares again. If it's a healthy company to start with, then it can remain a healthy company after and the reverse split may qualify them for higher exchange such as Nasdaq or Amex.

With 800M shares, a ten for one split still leaves them with a healthy 80 mill (and a ten dollar stock -wishful thinking)
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