Consumer Automotive Finance Inc (CAFI)

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I've been in since .32 and have watched this company for some time now, read all your posts too. So the question I have is about the RS.

I just went through this with GTE (formally GTEL). They did a 15 for 1 reverse split and this put them on the AMEX. The concern there was and rightly so, that even though share holder value was increased, there was no garauntee that the share price would hold up to the pre split price. In fact, it didn't.

Now what I don't here anybody talking about here is just that same subject. If I read the PR correctly, and that seems rather difficult to do by many accounts here, a reverse split of 3 for 1 reduces your shares by 2/3, but your share price effectively remains the same, just multiplied by 3, right? Well, unless there is an extremely positive perception by the market that this RS will add shareholder value, then there is just as good a chance that your new shares will also go down in value.

This plan ultimately leaves you with less shares subject to market forces. Is this plausible board posters?