Reverse Split Round Up Share Plays

[Jackroch]

I have been in TEVE for a year. It's a real company with a billionaire Chairman of the Board (Gerry Lenfest - Google him he is a Director of ETCC too). Company has been around a decade and is not disappearing. They announced a 1 for 200 reverse split here:

http://ih.advfn.com/p.php?pid=nmona&article=50801404

Still figuring out what all this means other than the shorts will have to be settled and it will allow institutional buyers to buy in.

Currently float is between 8 and 10 million. Lenfest owns 37M shares of 48M Outstanding and a few company insiders own a couple million. It was already a low float.

Shares are at 19 cents. Stock has been as high as 35-49 cents within the last year.

Just found this board and reading up on this subject.

I have given a membermark to each of the Mods and assistant mods.