The Tirex Corporation (TXMC)

[snowiegeorgie]

good points, the billions of shares were necessary . . . .
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still, your argument on the R/S is not one that i can agree with.
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to some extent, it's what the market will bear as you say.
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but i've been through about 7 to 10 reverse splits, and in all cases the choice to split was about broadening the appeal to a class of investors that have restrictions.
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FOR EXAMPLE, some funds or other types of institutional investors cannot buy a ten cent stock, they must buy a stock valued at $1.00 or more. so a ten to one reverse split will overcome that restriction, if it achieves the goal of hitting the buck and broadening institutional participation.
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i stand by my prediction, a R/S is coming, and coming sooner than anyone on this board would like.
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there seems to be a bias on this board against R/S activity, that is more emotional than mathematical, IMO. ( as always, i could be wrong )
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it's just arithmetic, and there is no need for anyone ( i am not speaking of you here ) to be emotional or biased.
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all things being equal, you get ten times the price for 10% of your previous share count. [ in a 10:1 split ] NO BIG DEAL .
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((( you made a lot of good points in your post, i just wanted to address the R/S issue in this post . )))
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going home now, long day here in the dungeon, tired.
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snowiegeorgie, elated at the current news ! !
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GLTA
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