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Re: Buster123 post# 82680

Thursday, 10/16/2008 12:28:51 PM

Thursday, October 16, 2008 12:28:51 PM

Post# of 87366
Buster, did you mean to ask about a name change, or a name, cusip, and ticker symbol change? Could be a big difference.
And, it is up to how the company goes about executing the change that controls how we fare. They can protect the shareholders interests by exchanging shares one for one, and screw the shorts, or end up screwing everyone out of any value that they might have, now or in the future, by combining it with a reverse split. Remember the share count is the multiplier for your potential value if the stock does bounce back. I think I am correct in saying that if only the three items are change for records purposes, the shorts would have to cover, but we shareholders would end up with a like valued positon in the "new" company. Excluding a R/S, you would have just as many shares in the new, as in the old. In most cases a R/S means we are screwed.
Let the discussion begin. GLTY LC

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