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Re: alliecorp post# 52715

Saturday, 06/28/2008 9:59:57 AM

Saturday, June 28, 2008 9:59:57 AM

Post# of 87828
"for the purposes of uplisting"

There would be no purpose. OTCBB listing only requires a company to be current with their SEC filings.

The only good reason for doing a R/S would be for the reason that Sun Microsystems did recently: to get their PPS higher to meet investment criteria for various funds, as some funds won't invest in companies with a PPS below $5 or $10. I would question a small company's motives, even if were under the guise of Sun's reason.

A large-scale buy-back accomplishes the same thing, and it rewards shareholders.

In your own words:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28369829