Gulf Resources, Inc

[viking86]

yeah, I hope it will hit or exceed $1 on strength of Earnings release before the reverse split is announced. This would reduce split ratio to about 5 or 6 (instead of 8 or 9 as upper limit given in their recent announcement) to stay above the $4 limit required for a Nasdaq listing. A smaller split ratio is better IMO b/c of higher remaining float, easier trading and lesser price volatility.