Itronics Inc (ITRO)

[Chrion]

the right split?

Again fed, see how we retraced to just over $1. Can you imagine if we went down to 10 cents. We might not have recovered that price level; then the split would have been worthless.

I think it is sound logic and most likely why they did the 1:1000.

ITRO can always do a forward split down the road and do a 1:5 or 1:10 if the price goes up enough. This would be interpreted as possitive news and give an extra boost.