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Re: microcaps1 post# 47896

Thursday, 06/16/2011 1:11:02 AM

Thursday, June 16, 2011 1:11:02 AM

Post# of 91121
I disagree. I believe the exchange will be great for the company but disasterous for us faithful longs. It is more than likely that the exchange will NOT be 1 to 1, but instead at least 1 to 100 to bring the share count down and to make the new pps more attractive to the big players. Therefore the pps will "correct" to maybe around one dollar or more per share. When than happens faithful investors who have patiently held will panic and bail and the pps could rapidly drop at least in half. The pps will then slowly recover if the company produces, but in no way will the pps increase 10,000 percent or more (corrected to $100 per share) like it did earlier this year. Those days are gone forever, I'm afraid.