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Wednesday, November 04, 2009 4:49:00 PM
So, the question would be what will the ratio of the newly issued class of shares be? I highly doubt they will want to start off on the OTCBB with a .02 stock and about 700 million outstanding.
That's why I said there will likely be a reverse of some kind associated with the registration of new shares and the new symbol.
Not a popular view I know but how will the new company raise money with 700 million shares out and a .02 stock price without driving the share price straight into the ground which will enrage the RWE investors who will likely receive stock in the deal.
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