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Tuesday, April 20, 2010 11:58:31 AM
IMO, GSPG is in serious need of a share restructuring and although the reverse is higher
than I would like, it's clear to me that they would be doing this for exposure on another
exchange. If the split were a lower ratio, it would not make the future SP high enough
to be listed on another exchange with any great effect.
I'm all for moving forward and into production. I'm also for having greater institutional
investment in this company which can't be done at the current price level and share structure.
I'm looking forward to the outcome of the voting and to see if the R/S would be implemented
immediately or if GSPG keeps this card close to their chest.
Scared money never wins.
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