InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,815.32
(
-0.76%
)
US TECH 100
19,592.83
(
-1.54%
)
Dow Jones
42,740.62
(
-0.75%
)
Brent Oil
74.39
(
-0.70%
)
Bitcoin
66,976.77
(
1.39%
)
Post# of 105534
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

nuubie

Send PM Follow Ignore
Followers 0
Posts 6522
Boards Moderated 0
Alias Born 05/08/2009

nuubie

Re: None

Tuesday, 02/15/2011 8:53:16 PM

Tuesday, February 15, 2011 8:53:16 PM

Post# of 105534
Insiders and note holders own the majority of CBAI shares. The 500:1 reverse split will go through as planned, retail shareholders don't own enough shares to stop the R/S. The proxy vote is just a formality. This reverse split has been planned since the "Nuisance Lawsuit" PR on 12/17/10 and nothing or nobody will prevent it from happening.

Why didn't Matt tell shareholders of the secret board of directors meeting held on 12/17/10 there would be a reverse split?

:P
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up