LIGATT Security International (LGTT)

[SpyFox]

In other news, shareholders will be receiving their proxies this week to vote on a reverse split. Shareholders have the chance to vote for or against a reverse split through the following options: 10 to 1, 20 to 1, 50 to 1, 100 to 1, 500 to 1, 1000 to 1, or no reverse split. Due to late delivery, the proxy deadline has been extended to Jan. 4, 2010.

Here is the next excuse Greg will use to cancel the December meeting and reschedule for a date past Jan. 4, 2010.

Personally, I vote no reverse split. If LGTT can't make it by now, then the market isn't going to support their services anyway. A free market would say let the company die. Heck, right now, who(m)ever is buying the shares is probably the only thing keeping it open; the products obviously are not.