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Re: Howardhaftel post# 12260

Friday, 10/17/2008 11:06:27 AM

Friday, October 17, 2008 11:06:27 AM

Post# of 41474
WHY BUY BEFORE THE REVERSE SPLIT?

You know there will be need for one. They are having trouble even getting a bid for WEHI stock at these high prices.

They surely won't be able to dump 50% more shares (5 billion more shares)for any price. They will need to reverse split (1:500 or so), to enable the stock price to again drop around 95% post-split to bring the market cap down 95% or so.

Then the PSS can again slide to $0.0001. Invsting in WEHI is nothing but a losing proposition with a CEO that would have been fired at a real company with a real board of directors.

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