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Tuesday, October 20, 2009 1:40:48 PM
Isn't that what Mario Pino used to try to do. create 2 worthless shells from one?
The SEC is cracking down on co's that try to do this.
Maybe it is more likely they just do a 1:300 reverse split, so the market cap and share price can more easily drop and they can continue dumping dilutive shares, since they are almost flat broke.
It looks like they will need to write-down many of the assets they are currently carrying on their books, also.
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