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Saturday, February 12, 2005 2:19:10 AM
R/S's are disasters when companies trading for pennies or less decide to get to a dollar or more with splits like 100 to 1 R/S's with the thought they'll have credibility by getting back to a dollar. I've seen several where they were back to pennies in a matter of weeks.
If Fayiz is able to build the share price to 25 to 50 cents investors should support a decision to move to a more prestigeous exchange through a resonable R/S, I like 10 to 1 or less. I believe if an R/S brought the stock to $2 or more it would take little time to build it to over $5. True, we'd only have one tenth the number of shares, but who of us wouldn't be thrilled with 50 cents today.
The good news is if the stock gets on the Nasdaq by reaching $5 it won't stay there very long. $10 and beyond could be just around the corner if Fayiz continues growing CTKH at anywhere close to the way it seems to be growing now.
Gary
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