InvestorsHub Logo
Followers 303
Posts 4450
Boards Moderated 2
Alias Born 05/03/2007

Re: ken6o post# 5805

Wednesday, 08/12/2009 3:33:48 PM

Wednesday, August 12, 2009 3:33:48 PM

Post# of 33233
LOL, that release is proof positive that management of the company is a bunch of idiots. Issuing 5 NEW shares for each outstanding share makes it a 6-for-1 split. A 5-for-1 split would be four new shares.

One way or the other, smells like a scam for sure. GLTA.