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pnnystk

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pnnystk

Re: None

Friday, 09/28/2007 4:25:26 PM

Friday, September 28, 2007 4:25:26 PM

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Reverse split being proposed is 8 for 1. That will give us a float of 7625000 and will bring the price to $2.80. After that, next year, we should be able to get on the AMEX and they can buyback a few shares, too.

Reverse splits are only troublesome for companies that are losing money. Senetek is guaranted to be profitable in 2008 with minimums in place.
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