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Friday, March 02, 2012 1:37:20 AM
In reading your other post about them not doing a very good job of selling the items they have brought up so far is it fair to say there will be a reverse split here fairly soon? I mean in order for them to continue diving. What brings me to that conclusion is a couple of things including the talk of them recently selling one of their boats in order to pay wages, debts, and whatnot just to get caught up and considering that the dive season from what I have read is just around the corner, if not already started, and that they are nearly out of shares to sell I believe and with the share price at an all time low even if they were to dilute the rest would it be enough to fund future dives (fuel, food, wages, etc.)? I'm leaning more towards no at this point unless someone else has any other info to sway what I have said in another direction. IMO they are done with the wash cycle and are pretty close to finalizing the rinse cycle and are aiming for the next load of laundry. WRR. Or are they going to have to close up shop completely?
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