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Tuesday, August 12, 2008 12:17:58 AM
By the way, I answered your 2 of 1 stock split question a while back...To summarize why the 2 for 1 was not done is simple...it was a bad management call to try to fix the falling pps with more shares...they prob thought that shareholders would like the idea but the falling pps told them another story..thank god that they didnt go through with it...And around that same time, it is also clear that this stock DID NOT fall on the soul basis of undistributed divi's....It fell because of the reverse split in DEC followed by the distribution of 300 BILLION total shares...Now that they have crashed, they are trying to fix the PPS....when a car breaks down, do you always throw it away? or do most people give it a repair and drive off without a worry? think about it...we give 2nd chances to things ALL the time...why so confident that it is too late for the divis? try to tell that to the ppl that are still to receive them...late or not...they want those divis. ONCE THE DIVIS ARE IN, YOU HAVE YOUR PROOF! You make a lot of statements here, now be prepared to back it up or back up :)
_PD
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