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Re: bobsnook66 post# 7609

Thursday, 03/17/2005 5:18:08 PM

Thursday, March 17, 2005 5:18:08 PM

Post# of 53980
bobsnook66 You are correct. Rarely does a R/S work. Usually in the case of a forward split the stock price CLIMBS back to the price it held prior to the split. The opposite is generally true of a reverse. The stock price usually FALLS back to the price it held prior to the split. Kiss of death is right. Anyone suggesting it isn't thinking correctly. I have never seen a reverse work on the OTC-BB. There are folk tales of it actually working once but I have yet to see documentation.
We gave Cal 100 mil to get the job done if he has to use every one of them so be it. If he doesn't get 'er done with that I will be on the phone to Vancouver telling Cal he better go to the bank for money.

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