InvestorsHub Logo
Followers 16
Posts 3233
Boards Moderated 0
Alias Born 02/17/2005

Re: None

Monday, 08/29/2005 11:53:07 AM

Monday, August 29, 2005 11:53:07 AM

Post# of 279080
I think what needs to be discussed here is the realities of a reverse split vs. buy back. I personally invested in the company because one of the statements made by Frank Olsen was that there would never be a reverse stock split ( I am trying to find that on the web but am having trouble so if anyone has a think and can post it ).

Based on the recent PR how much cash do they have to do a buy back? If not enough they may need to reverse to get this price up. Any thoughts?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.