panther, I don't disagree with any of that. In the absence of the 2 following statements I wouldn't have posted at all: pup: well if they do file- the R/S will be hot and heavy .. either way the shareholders get creamed panth: If the 10K is filed, the share holders face the promised Reverse Split. You guys had not entertained the "if" prospect at all recently and I couldn't let it just slide on by without a comment about the potential "then".