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Re: value1008 post# 3081

Saturday, 10/23/2010 5:05:17 PM

Saturday, October 23, 2010 5:05:17 PM

Post# of 11665
A question: what does JADA do eventually with the 80,000 issues of stock? Could they do a reverse split to pump the price up and get that unwieldy number now? I'd say there is no need now for such an action since JADA has not indicated it is rushing to uplist, and doesn't seem too fazed with the price. Plus, being an OTC stock, there is no AMEX, Nasdaq pressure to keep the price at a higher level, which ORS, for example, is dealing with now. Ideally, it would be nice if the company just bought up some of these shares, especially at the going price. Any thoughts on the bloated share situation at JADA?