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Traderfan

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Traderfan

Re: bUrRpPPP! post# 14723

Friday, 12/04/2009 9:21:00 AM

Friday, December 04, 2009 9:21:00 AM

Post# of 94785
SGZH, heck that is what I was asking myself yesterday evening. Why would they increase the A/S for uplisting? Do they wanna do a forward split? They have 27 million in cash or so. The only possible thing I can imagine is that they will take over some mines or another company which is really expensive but still then 500 million shares would have been more than enough.

Anyway I think they will announce uplisting on monday because this filing is often followed by an announcement for uplisting within 3 days of filing. Just look at CNDH. 2 days ago they did this A812B filing and today they announce uplisting.
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