InvestorsHub Logo
Followers 110
Posts 6480
Boards Moderated 0
Alias Born 05/01/2003

Re: diannedawn post# 30628

Thursday, 03/24/2011 9:12:57 AM

Thursday, March 24, 2011 9:12:57 AM

Post# of 92948
dianne,

we can throw numbers around all day long to no avail in all honesty. Your questions will be based on 2 factors IF the company makes the move.

1)What will the share price be when management wants to move
2)What comfort level will management want the OS# to be


Your 1:5 reverse figure(assuming 1.5B OS# is the same in the future, it will likely be higher) we would go to the new exchange with 300MM OS# and it would take .80/pps to qualify if a $4 bid price is required.

These are the very reasons that if they Proxy a rs ahead of time it makes sense to have shareholders approve a rs RANGE as I mentioned prior. This gives ACT the authority to apply whatever fits the pps figure at the time..


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.