Xtract One Technologies Inc (XTRAF)

[doug777]

My prediction in this reverse stock split is: (if anyone gives a sh-t)

assuming 3-1 (which I read)

This action will force the stock price up to above $2 (at 3-1) and my personal number of shares will be split by 3. My cost basis remains the same. And in the very near future the new CEO ( remember the 9000 prequalified buyers) will announce some good sales information and boom and stock price shoots up to 50. Granted this stock price has to move up to $150 for me to break even on what I thought my original shares would have been worth at $50 prior to the reverse split. This does not preclude the company , in the future if things go well, to do a normal stock split (say 3-1) and we have just made millions.

Or a bidding war happens. Cisco, IBM, Raytheon etc. You think they are going to standby and watch Pat 1 make millions? Nah!!!

The most famous stock reverse split was Amazon a few years ago.

At above $2 the new CEO will move us to the NASDAC for more exposure and bring in the institutional investors as long as we have good sales.

This could happen rapidly.