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Re: SPARK post# 10404

Wednesday, 07/23/2008 8:44:22 PM

Wednesday, July 23, 2008 8:44:22 PM

Post# of 14027
The reality is this. He can't start a company at a share price of $0.002. He will probably do a big reverse split to get the pps up to a more managable number. $0.50 for istance. This means that your 100,000 shares of GFCI will now be 400 shares at $0.50. This will also signficantly reduce the O/S which will give this jerk CEO the room to dump millions of shares in the market. I'm sure he will change the name of the company just like they did with LitFiber, so people won't be able to figure out the game.

With Leonett'e storied reputation this company will not last long. It looks like ol Jimmy is getting away with his crime as the new scumbag takes his place. What a disgusting bunch of people they are.