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Alias Born 04/19/2009

Re: Garden Rose post# 1522

Tuesday, 09/29/2009 9:54:07 PM

Tuesday, September 29, 2009 9:54:07 PM

Post# of 2574
My comments are based on my personal experience with OTCBB stocks with largely diluted shares such as ABTG. Investors over the years have placed a distinct and predictable negative cloud over companies that declare reverse splits. A RS nukes your leverage in one fell swoop and investors typically move on as soon as it's announced. A RS is just a very negative ploy to make a company into something, quickly, that it's not ready for, ie trading on a major exchange. Of course, like Snow just wrote, if there's a flood a great news to follow after a RS, and the financials reflect positive results, then sure, it may pay to hang on, but history has shown otherwise. My advise is to not be greedy and should we ever make it to .25 or .50 cents without a word about a reverse split - take your profits and move on. JMHO

ctc
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