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I will be the first to warn anyone

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qtipjoe Member Profile
 
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qtipjoe   Monday, 02/06/12 11:47:46 AM
Re: qtipjoe post# 354
Post # of 373 
I will be the first to warn anyone to be extreamly careful about reverse splits. As I'm sure many of you know a reverse split is used my CEO's who can at times be less than friendly.
Telvue has a majority shareholder who happens to be a billionaire. His name is Gerry Lenfest and we has pledged to give away his billions long before Warren Buffet and creapy Billy Gates even thought of it. Try googling Gerry Lenfest and remember while you are reading he owns 37 million shares of a stock with a 50 million shares beginning and 8 million in the float.

You know about reverse splits I'm sure. This one is being done because institutions are screaming to buy a stock they may not buy at this time. We move up Mar 15 . Cusip changes and institutions may buy. 19 cents today.

If spelling is your thing I think that's great. At my age it's not a priority.
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