I`s gonna be a reverse split...
A reverse split with no news, no progress and a return to the same old empty forward looking statements in order to sell shares. That "IS" GLIF`s buisness.
Their plan will be to split it till the pps is around 30 cents then sell all the shares they can, untill it`s back around 2 cents again. This may get them thru another year then it`s over.
With today`s market conditions I doubt it can be pulled off. No one has the money to waste anymore on such a highly speculative company like this.
I base this view on the 0 volume these past weeks, if any income, contract news or distributer/merger deal was in the works then insiders would be gobbling up available shares.
Seen this unfold a thousand times down here on the pinkies, it`s over folks.
I`ll come back in a few weeks to say I told ya so......
jonstons.
