Americas Silver Corp fka USAPF

[DeeDog]

Actually, I was thinking the same thing about firecracker's post from Friday, post #10427.
...or put them both together in one sticky?

Many reverse splits are done because companies are in trouble and are trying to save their exchange listings. With USSIF it is just the opposite. Keep in mind that once a RS split is announced and an AMEX listing gained USSIF will no longer be a penny stock or a pink sheet stock. Thousands of new American investors will find out about USSIF. Current shareholders will be able to buy on margin(Ameritrade margin requirement is $2). Funds that can't buy penny stocks will be able to buy USSIF. Many individuals that won't touch a penny stock or a pink sheet stock will suddenly be interested. Most current investors know about the RS and aren't going to freak out and start selling when the announcement is made. This is not your typical reverse split. It is being done from strength, not weakness. After the RS USSIF will have 68M fully diluted shares and will have nine month earnings of about .20 per share aftertaxes. Full year earnings, including tax loss benefits should come in around $28M or around .42 per share fully diluted. JMHO