Tuesday, May 04, 2010 9:04:58 PM
look, i'm not a basher here. but i see what these guys need to do to make it work for us, just disappointed it hasn't happened yet. i've said it over and over, we need to do the r/s and in the same context, cancel out shares.
i've done some of the math. if they did a 5 to 1 r/s split (as i suggested before), we're still way out of range of a solid pps. even a 10 to 1 isn't realistic. this is where it gets tricky. if they do a 100 to 1 r/s and cancel out 80% of the a/s, that would put us into a realistic and solid pps. then release the pr's on ir, sales and all that. then watch our investment "soar" as you say.
as of today, this one's only good for the flippers. the longs are never going to get to where we were unless the management does what they need to do. do the 100 to 1 r/s, cancel out 80% of the a/s, keep 1 to 1.5 bn in float and DO NOT DILUTE! then we'd have a winner. gl
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM