Saturday, April 07, 2007 9:59:20 AM
On what basis? Typically in the OTC world (Where most of the reverse splits happen) it is because of either some sort of acquistion/merger (can be positive) or continued dilution (would be devastating). The company has already committed to continued dilution. Wth no mergers or acquistions (no, not even LITV which has not been acquired by GZFX) I believe the latter is the effect. If in fact a reverse split is even hinted in the summer, The investors who buy even now, including myself are in serious trouble.
Where are they now?
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