Were you posting this towards me. I wasnt the one with the R/S theory necktoeye posted
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Posted by: necktoeye Date: Monday, August 30, 2010 8:58:06 AM
In reply to: holter who wrote msg# 36646 Post # of 36725
My reasoning of why an R/S wouldn't hurt CBAI.
I know throw bricks at me. thats ok I have thick skin. But this is more to answer a few people on here since they love to discuss it.
Market sees an R/S as just bad. Thats what we see everyday. Bad stigma.
My reason for an R/S and why it wouldn't hurt. March 31st 2009 we had close to 900 million shares and CBAI started taking on a lot of debt. close to 20 million over next year.
Fast forward to now. we have 5 billion shares and paid off most of all debt incurred. BTW that debt bought CBAI a lot of goodies.
We are all waiting to hear about one right now.
Now follow me close. 6 for 1 R/S puts us back below March 31st 2009 in the O/S department. Plus we get to keep all the goodies.
We are not talking about a 150 to 1 or 600 to 1 R/S just a 6 for 1.
From here it would be much easier to get closer to listing on bigger boards. What's that you say it would only be a 3 pennies at this price. Correct. at this prise it would be. What happens in the next few years when this industry takes off? your guess is as good as mine. So lets say CBAI does good, not great, just good. In a few years CBAI could be at 15 - 20 cents PPS. Now We are closer again to get the bigger board. Year is 2013 cbai trading 23cents PPS Matt has grown CBAI to one of the top 3 in the US. Just one spot up. He now wants the big board. Stem cell industry is kicking butt. Do another 6 for 1 R/S
Now we are sitting at 140 mill O/S and a 1.20 on the pps but we get to drop the CBAI.OB to CBAI
Thats why it wont hurt.
BTW the goodies. Stellacure, 10% equity stake in China,etc etc etc etc....
AI
