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SAE

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Alias Born 08/06/2009

SAE

Re: EDHustle post# 2443

Monday, 10/05/2009 12:57:22 PM

Monday, October 05, 2009 12:57:22 PM

Post# of 4774
EDHustle,

From what I could find from research on SI, company filings
and calling them up, which it doesn't seem like too many
people who post here actually do imo, the company was being
manipulated and unfairly taken advantage of as they are scientists and not MBA's imo, so the founder who appears
to be a well respected scientist decided to do a major
reverse split to take back control of his company's stock! I also like that he has substantial voting rights with his preferred stock. Call the company and IR up that is listed on their two recent press releases and website: www.genethera.net and they can tell you what happened and that they are not planning any more reverse splits. Why would they anyway with only under 17M shares outstanding? Also it appears that they are close to serious funding (from last PR), but that has not stopped their research and now licensing agreements with universities, in 3 countries they are working with what I believe to be much needed and very viable products.
You will have to make your own informed decision, as I believe
that I have done after reading all the differences of opinions here and on other boards. I agree with you that with the low float this stock should pop in price, and with the right business strategy of increased revenues will hopefully continue to rise to the price of other large companies in this same industry. Well, I am on vacation for two days so GLTY. Stockinvestor