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Tuesday, April 12, 2011 7:55:26 PM
I've been in two R/M's just like this in the last year and with knowing a lot less about the company than we do about Paw4mance and neither of those companies/shells market caps ever went below $1million after the reverse split/merger announcement. All I am saying is everyone is acting like this will tank to 0.002 tomorrow. I don't think that will happen. @ 0.002 the market cap would be about $88,000... if you sell @ 0.002, you might actually be borderline retarded...
I just don't see how Paw4mance could be valued that low. We have been valued in these mid-double-zeros because of the fact that we were a shell company with NO operations... whatsoever... we are no longer a shell we are a operating company with revenues and large distributor networks and happy customers, a manufacturing building where we have employees manufacturing pet food, etc.
While the R/S sucks bad, I don't see how we could tank to $100k market cap... I just don't see it. I think alot of people will be watching this tomorrow regardless of the announced reverse split.
I realize that the R/S will cause alot of investors to scurry away and get out. It's just I don't know of any companies like the one described above that has a market cap this low.
Please respond I would like to discuss this some more.
"Whether you think you can or whether you think you can't, you're right."
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