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Re: up2tee post# 3494

Tuesday, 12/07/2010 12:08:32 PM

Tuesday, December 07, 2010 12:08:32 PM

Post# of 11809
Yes I agree. What an interesting company. I wonder what else they are about to acquire?? I spoke to the Gerova CFO, Michael Hlavsa, a few days ago about Gerova's reverse split. He said it was done to position the company's stock price at a level which would be attractive to institutional buyers who often do not look at stocks whose prices are in the single digits (Gerova had been at 6.00 prior to the reverse split).