>> Reverse splits have negative impact the majority of the time 12 go 18 months after they occur <<
That's simply not true, though I too thought it was before I did some google homework over a year ago on this sunject... this is one of those accepted Wall Street myths, but upon researching it, I believe you will change your stance, which right now is not based on facts.
Again, the reason you WANT to be on a real exchange is to pick up institutional support... those same folks alos like to see the corporate structure cleaned up, ie not having way too many shares outstanding. There are sometimes exceptions to this rule too, witness SIRI recently with nearly 2 billion shares fully diluted.
However, the current rage on Wall Street in to find low float stocks with rising revenues. In any event, we are a much more attractive investment when we fit all of the base criteria professional investors insist upon.
That's not saying we couldn't buck the odds, but the percentage play is to conform to Wall Street expectations AND that is exactly what is now contemplated for Sunncomm by management and believe me, this has been a long time coming.
>> Having more shares out can increase the liquidity of the stock which is very important to attracting investors. <<
That is an extremly naive statement, and would only be true if we were speaking of Sunncomm having only a few million shares outstanding, but 650 million is ridiculous. I'm not sure how long you've been around Wall Street, but try calling a professional in the market and ask them about Sunncomm... then pause for the laughter. Doesn't mean we can't make it work, it's just easier if you conform to the norms rather than try to buck the headwinds.
