Good question Luxor. It was in the billions but nothing close to what we have at CGFIA. My point was that going from sub-penny to a half-penny or penny without a R/S (if it is even possible) is something most of us would like to see after May or June and at the very least. It would be a chart pattern like this, but realistically it would be much less than the numbers on that particular chart with our current A/S. I should have caveated that their O/S-A/S was nowhere near where we are at this point in time which makes it non relevant from that standpoint. It would be nice to see a steep upward pop in the near future but I believe the large A/S will be the boat anchor that keeps us below .01.
IMO, depending on what the current A/S numbers are, we may have a shot at .005 and it would be great to see something between .005 and .01 but not sure if that is mathematically possible without a R/S if our A/S has gone over 20B or so. Getting back to the chart I posted . . . going from .0001 to .005 would definitely be a significant nose-bleed chart as well given that it would be 50 bagger from our current stock price of .0001.
I would certainly like to hear from others stock board members that know of other stocks that have had our current A/S with a similar stock price and the stock actually made it past .005 or beyond without a reverse split, buyback, or buyout and what caused them to get there from .000x. For those that believe we can get to .005 or above without one of the above stated events happening, it would be great to hear why you believe that, and any examples of where you have seen that happen before.
Go CGFIA
