InvestorsHub Logo
Followers 192
Posts 4375
Boards Moderated 1
Alias Born 08/27/2009

Re: boommer post# 10631

Saturday, 03/26/2011 10:17:30 AM

Saturday, March 26, 2011 10:17:30 AM

Post# of 73703
There is ZERO chance of a R/S as there is ZERO need of it. The CEO owns something like 94% of the commom shares of this company, which is one reason the stock trades so thin, as if the float is tiny, as it technically is as most of the free trading shares are locked up by the CEO.

If he wanted to improve the share structure, he could cancel a large precent of his shares and still own a fully controling stake in the company, which would reduice any dilution.



"The Good"