"Interesting though, when reputable and trustworthy brokers and Transfer Agents tell us a reverse split is pending everyone refuses to believe it. Here when it's used in reference to something investors want to hear it will be regarded as proof that something is about to happen."
And there you have one of the fundamental 'truths' of both stock boards and human nature. 'WANT' is the prism through which all too many interpretations, undisciplined by education or experience, are filtered. People will read exactly the same words that everyone else reads and come to completley different conclusions.
Is it plausible that major brokerages would conspire to fabricate info about a pending R/S with all that that would entail RE sanctions and legal consequences? I seriously doubt it. Why this particular stock? What is the risk/reward for those brokerages?
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