InvestorsHub Logo
Followers 7
Posts 373
Boards Moderated 0
Alias Born 06/09/2009

Re: overachiever post# 134389

Friday, 07/10/2009 12:08:20 PM

Friday, July 10, 2009 12:08:20 PM

Post# of 346917
Over: please explain: "A reverse merger would most likely be a nuke option for current common holders"

How would a reverse merger be bad for the shareholders? If it happened, and say our stock was at .10 and we merged into a company that was $1.00 we would get 1 share of the new company for 10 of SPNG, we still would hold the same value. If that is what it takes to get off this horrible manipulated board (OTC) I am "hopefully anticipating" it

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.