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Jahuel

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Jahuel

Re: Scooter72 post# 2222

Tuesday, 07/26/2011 11:45:25 PM

Tuesday, July 26, 2011 11:45:25 PM

Post# of 2574
I do, because of the change in A/S.

Correct me if I'm wrong, but...

They went from 2 billion A/S down to 100 million. However, with a RS of 100 to 1, it should have dropped to 20 million.

So they've effectively quintupled the A/S with this reverse split.

Which a big dilution signal, which will scare the heck out of investors.

However, I feel like I should be ready to buy somewhere in the $6 range in a few weeks - they do seem profitable, eh?
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