Gimmie, Lets see if I can help you with a few of those questions.
The reverse split was not the main problem with NVSR. The problem was they made some bad blunders in getting way ahead of themselves and not being able to deliver on their early projections for sales and profitability. A reverse split is usually seen as a bad thing. It is also seen as a company just reducing their share count so they can sell more shares and rip off the shareholders and the gullible public. This is often seen in scams, which I repeat NVSR is not. They still have a very, very , small amount of shares in the public float. Remember the original post split price was one dollar and seventy five cents. ($1.75) We now trade at .05 cents. We are a dollar seventy below the post split price. Hello people. Did you just hear what I said? I we just go back to the post split price, which was close to the 52 week low on the stock at that time, we will be trading at $1.75 a share. That's 2,400% from where we are now. Ray Charles and Steavie Wonder could see this is a bargain stock.
Sorry gimmie, but I got screwed way more than Dave at that time. I had hundreds of thousands of shares. In fact once the share price split and started to slip I sold them all and took it as a tax loss. I made the mistake of buying back in under a dollar and it never stopped going down till it hit .0080. With the run up last week and all the shares I was able to get at .02 and lower, I have recouped all of my losses and intend to make a small fortune on this puppy.
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