Sunday, February 06, 2005 11:52:39 AM
This is not going to happen. I have already lain out the only logical course of action and one that has been repeated by management for over two years... QTIG exists soley to allow us to become fully reporting. The only WAY QTIG can enable this is for Sunncomm to be folded into QTIG. During this process it will not be difficult to set the conversion prices into an effective reverse split by giving you less shares of QTIG for every share of Sunncomm you tender.
If the ratio were say 1:10 then you would drop the total share count to 44 mill + whatever the existing QTIG share count is. Personally I would like to see 1:100 which would then drop us to 4.4 mill shares + whatever QTIG already has outstanding.
Btw.. how many shares DOES QTIG have outstanding (fully converted)
The less shares we ultimately have outstanding, the easier it is to move the stock (in either direction) but does allow for stupidity to take over in a tsunami way ala TASR (small float) assuming we are successful in grabbing a large portion of the CD market... something yet to be proven.
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