Wednesday, May 12, 2010 8:41:43 AM
If you look at the market cap with the outstanding
share we have now, and multiply that by 40, assuming
they issue and float every one of the 20 bil, you get
12,462,040 for a market cap. That is nothing and if
the do get approval that could triple easily. The other
thing is that someone is buying all this stock, and
just based on assuming a future reverse split, they
would want a huge run to unload all the paper for a profit.
At this price, I honestly do not see much downside. I think
I will jump in big if it levels off her.
GLTA
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