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Re: AFBIC Adjuster post# 13500

Monday, 01/16/2012 12:32:27 PM

Monday, January 16, 2012 12:32:27 PM

Post# of 19899
It has always been my thought that they would do a reverse split after TADF merged with TACAIR. The only way they could offer TACAIR 47% of the company was to double the amount of shares. It has been my opinion that after TADF acquired TACAIR, then the reverse split would bring back the level of shares.

TADF doubles the shares to engulf TACAIR, then reverse splits to bring the number of shares to some a little more reasonable.

This view is not very popular. Reverse splits have been used by other companies to continue to bleed cash from the stone however in this particular case, I don't see as a 'death blow' for the company.



Let's talk future as to likelyhood of a huge reverse split if this does indeed start landing some contracts and become profitable. For those that have hit a pinky like this in the past with the approximate same amount of shares outstanding etc. what has happened and what are the chances of a huge reverse split and how big of a r/s would it be?? 50-1 100-1 etc. Thanks and good luck to all!

JJ

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