Saturday, January 22, 2011 10:35:51 AM
If the following comment to the tsunami article it accurate, I can see doing a reverse split with a sp of $1 to get on a better board. This would also shed some light on why they are getting analysts advice regarding a reverse split. No point to do a reverse split on a sub penny stock and bring it up to 10 cents.
"I know the CEO and according to his expectations, the stock should be trading at a dollar in the next few months. But again that is what he thinks based on the ongoing projects."
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