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ekocnam

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ekocnam

Re: Enterprising Investor post# 493

Tuesday, 11/30/2010 5:38:07 PM

Tuesday, November 30, 2010 5:38:07 PM

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I understand you have said that this is the level you think the PPS should be. But I an curious about the thinking behind the R/S. If the company wants to get off the penny stock list then the 20 for 1 isn't going to cut it. They will be left in the 4 range which still gives them the penny stock name. Do you think they are counting on it going up after the R/S or do you think it will spike pre R/S. The reason I ask this is because if the R/S was to get them a more "respectable" place to trade then oops. I'm just a guy trying to understand the thought process. Not saying you have the inside info but apparently you see something I don't. TIA

"Help the helpless and forget the clueless" - Dennis Miller

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