InvestorsHub Logo
Followers 71
Posts 17465
Boards Moderated 0
Alias Born 08/29/2008

Re: mikey3711 post# 10898

Wednesday, 09/24/2008 12:14:01 PM

Wednesday, September 24, 2008 12:14:01 PM

Post# of 41474
Reverse split is the most likely scenario

the the PPS can head back down to $0.0001 and the oustanding shares can be duluted back close to 15 billion shares.

I see pinksheets dot com has a warning for WEHI and penny stocks like this. Just click on the big red stop sign(No information) after getting a quote for WEHI. I think the "questionable management" part and "should be treated with suspicion" particularly apply, IMO.
..........................

Dark/Defunct
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink OTC Markets. Companies in this category do not make Current Information available via the OTC Disclosure and News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies and/or companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.