InvestorsHub Logo
Followers 36
Posts 1385
Boards Moderated 2
Alias Born 02/17/2011

Re: fsshon post# 351575

Thursday, 12/15/2011 3:43:26 AM

Thursday, December 15, 2011 3:43:26 AM

Post# of 735810
Fsshon, exactly! Thats what I was just saying on the yahoo board. 200M is nothing. Big group or big investors would eat it up in one swallow. Expect to see a forward split soon after emergence , but not immediately. This would allow more liquidity and attract more big and long term INVESTORS. So to the flippers who cant see past today, this is what you're missing. What we've been hearing with this conversion is just to exit bk, then a whole new ballgame and more reasonable rules. Lets say exit strategy Conversion ratio is 29:1, whereas 29,000 common share become 1,000 in newco. Now, after ACTUAL emergence, forward split of 1:5 happens. That would be 5,000 common shares at that point. IPO being considerd...let's speculate on $25 IPO. 5000 x $25 = a damn good plan.....

1:5 f/s+ 1B common share, a lot less than current 1.7
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News