Thursday, December 04, 2008 12:09:10 PM
Hypothetically, and this is a big hypothetical, lets say this brand does have "incalculable value" as Mr. Peacock says. They will 100 million to one reverse split and take it private. Right? How much could it cost to pay us out at .0002?
Either way, we lose. We (average shareholder) can't win here.
Is the above legal? Probably not. The SEC clamps down on that pretty hard actually but I doubt they care about these crummy stocks. They've got bigger problems.
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