It is above 1$ for ten consecutive days on the close of day .
You state you have 10k shares ,,, were they boutght all at once ? Or a differnt sets of lots .. what price did you purchase at and your cost avg ?
When they do the R/S those 10k shares will become 400 shares . The price will rise depend on what it is at the date the split goes into effect . Example , todays closing price .43 times that by 25 will increase the price to 10.75 per share post R/S ... so youll own 400 shares @ 10.75 per ..
the companies track record has been the max number for the R/S they have done since they were VRINGO then FORM HOLDINGS and XSPA .. same company !
You should think about their track record on dilution , R/S's and other factors like market cap , debt, cash on hand , compensation and BOD pay ..
Charts are and have been basically worthless with them .
Basically of I were you and had an opertunity to get out , at least till after the R/S i would jump on it . The price will and has always dropped after all theor R/S . This company hasnt changed in the way the company is run by management . Heck they have changed what the company is about because they have been a losing company .. what will they change it to the next time ? A broken sex toy company or something ?
Do yourself a favor and get out . Wait till ot dros again umder a dollar ... of not , wish you luck ..
take it from a very long time bag holder sonce the were a ring tone compa ny . The through their patent law suits , then their becoming a holding company and buying companies and try a new start up , all loosers and gone now. Now their a Spa company ,, next my guess is they will claim or change to some sort of medical business and change the name again like Med Peztec , we sell pez in a nurse Ratchet dispenser .
