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Re: mkt_predictor post# 1296

Wednesday, 04/15/2009 6:08:04 PM

Wednesday, April 15, 2009 6:08:04 PM

Post# of 2266
MP - I totally agree. If this stock is to get off the BB exchange, there will need to be at least 50 to 60 mil of stock on the float, let alone outstanding if it goes to a bigger board. So that would then create the need for a forward split or two down steam to undo the reverse split. Now if we were talking 600 mil, that's different, a reverse split could be beneficial. I have had 1 stock out of about a dozen that benefited by a reverse split, but that generally is the exception, not the rule. It would be interesting to know BKs reasoning for why he feels the need for a reverse split.

Makamai

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