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Friday, March 09, 2012 2:02:48 PM
There is no doubt shareholders don't want to see this happen, especially as long as we are still in the pink sheet market as it is pretty much a death sentence unless the company is at a point where no more dilution would ever be necessary. Some call for the CEO to change verbage on the corporate website for some reason, but the blogs where he specifically addresses this issue is also part of the legal corporate website.
I would doubt very much that you would ever get a CEO of a legitimate company to state he would NEVER have a R/S, and to think so would send up red flags to me. Heck even Citibank had one last year lol. Not comparing the two companies to each other, but there is always a possibility in any company that it could happen, regardless of which exchange it's trading on.
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