Are you sure you want to wait? These things rarely turn out well. I see a reverse split coming. 1 for 100 would leave them with a nice even 10 million O/S. 1 for 200 - 5 million. But you have to consider price as well. Most serious investors, lenders and upper level exchanges wont give you any respect unless your stock can hold $1/share. So the good news is that at 1 for 100 the stock has to push 1 cent prior (triple what it is now). But at 1 for 200, only 1/2 cent. If theyre serious then its ok. The higher price and minimal O/S will attract new attention and should drive the price even higher (of course you and I have considerably less shares then). Its interesting how the numbers work right now with them increasing the float to 1 billion. You must also keep in the back of your mind that this may just be another paper mill (stock scam). They consolidate up to $1 per share and then start issuing new shares all over again, theyll make more money that way and its less work than actually running a company.
Hmm, what to do?
He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson
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