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davidam

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davidam

Re: steeledge post# 176

Thursday, 06/03/2010 6:08:38 AM

Thursday, June 03, 2010 6:08:38 AM

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Good thing about the reverse split is it took a great deal of shares away from the directors who left. There are Preferred shares that were chopped in half too. These shares must be converted because of a three year rule. Many already have been. total amounts to only about 1m. Bottom line our seller will likely have less shares because of the split

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!

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