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Re: Isitreal post# 34505

Monday, 03/14/2011 9:01:20 PM

Monday, March 14, 2011 9:01:20 PM

Post# of 41474
taking away shares and then adding them again.-Isitreal

I tend to agree with you last sentence. When I read the press releases a few times, I see wording just like their last buyback "board-authorized" share restructuring plan before the previous reverse splits.

In their recent release, they indicated shares would be going to management and insiders? Hmmmmm.....and equity financing again? Dilution once again?
Heck, the CEO is owed more than the whole market cap. If he gets shares for his huge loans, deferred salary, bonus plan, etc.....
Wow, that's almost like a reverse split

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