Redwood Group International (RDWD)

[snow]

myth

I am a naive type of person relatively speaking and my general assumption is that people are honest. Therefore I too often take seriously PR's that don't deserve being taken seriously. This is why I was misled into investing in this company by reading the Pr's including the one about the great profits that was published early last autumn.

The way I see it the problem is not the reverse splits but that companies of this type are usually worthless. They sell shares to finance their activities and especially as long as the market cap is low in relation to the burn rate the dilution is fast, not not often as fast as in this company. The reason is that the market cap is so low.