You are correct, mtsn. Management did state that exact information. But you can't tell some of these guys anything. You could say that water is wet and they wouldn't insist it isn't. At the same time they cheer for a PPS of .0001, and say a R/S is inevitable. In my mind, those two wishes are contradictory. If you want the price so low it is close to death, (presumably so you can load up on cheap stock.) and you say a reverse split is inevitable, then wishing for both makes no logical sense at all. (PPS usually drops after a reverse split.)
One of these wishes would be
detrimental to your position if they both were to occur. I think someone is just trying to stir up trouble by posting both opinions. If they aren't then they don't realize what they are wishing for.
Do you see the fault in the poster's logic?
Don't take my word for it, Do your own research! Then you will know it's true!
