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Re: risi post# 38651

Wednesday, 10/03/2007 1:21:50 PM

Wednesday, October 03, 2007 1:21:50 PM

Post# of 46028
Risi,...just tell the poor chap we dont know. :)

Too complicated,..puhhlleze.

Ill quote Malyshev himself and the reasoning behind the RS --

"The 1 for 100 reverse stock split is intended to enhance investors' visibility into the Company's profitability on a per share basis while also providing more useful information in making period-to-period comparisons.

TRANSLATION: We like getting rid of zeros so our eyes dont have to squint.


The Company also believes that a higher share price could broaden its appeal to a wider base of investors allowing it to potentially qualify for listing on a larger exchange, improving trading volumes and stockholder value."

TRANSLATION: In order for us to continue to pretend that we might one day up-list this stock....one might cite the fact that an RS helps that goal.



ROCK AND ROLL !!!!!! ---------- >

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y