Comstock Inc (LODE)

[Extreme4Reality]

The Reverse split is necessary to attract serious investors.

GSPG's current sub-penny price makes it unmarketable to serious investors who won't consider investing in sub-dollar stocks. The 1:200 reverse split is the lowest level that places GSPG's price well above $1.00 and will allow it to quickly rise to $3.00 - $5.00 allowing for a move to a large exchange like AMEX.

GSPG and its Financial Advisor and strategic partner, Moelis, have stated that the high number of unused authorized shares are necessary to hold in case they are needed to fend-off an unfriendly takeover, and may also be used for mergers and acquisitions, allowing GSPG to grow into a major force.

Moelis has formed a strategic relationship with GSPG because they want to help GSPG grow big-time over the next 5-10 years. This could involve taking over other struggling mining companies, acquiring them for pennies on the dollar and doubling and tripling GSPG's size and value.

Voting against Moelis' by voting "no" on the proxy is financial suicide and leaves GSPG in sub-penny limbo.

I'm voting "yes" for GSPG's success under the partnership with Moelis, and look forward to GSPG being valued at fair-market prices supported by serious international investors.