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capt AL

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capt AL

Re: MiMiC post# 54

Thursday, 12/20/2007 9:20:19 PM

Thursday, December 20, 2007 9:20:19 PM

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MiMiC- I read the co. PR & they do say 2 for 1 reverse split. So if the idea is to reduce shares by 50% why do they want to increase them ( in the same sentence) from 150 mil to 200 mil? Looks like the co would wind up with a load of shares to sell on the market which would drive the stock down to new lows. Am I missing something with this action?
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