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Re: InPotWeTrust post# 36772

Thursday, 05/17/2012 5:55:21 PM

Thursday, May 17, 2012 5:55:21 PM

Post# of 92702
I'm long here and I see a whole lot of potential but let's be at least somewhat realistic, you deserve an honest answer: dude, there is a greater chance of being hit by lightning than the chance of this going to $1 wunder the current share structure.

The company would be valued at over $3 Billion at that price with the current ss. In other words, the company would need to be generating probably around $300 Million in earnings per year.

If this were to hit a dollar, would we all likely have the amount of shares we have now or would they get reduced on the way to $1.00 per share?



If the stock does get to $1 per share, in all likelihood it would be a result of a reverse split which would occur before the stock gets anywhere near $1... however if the earnings are there to back it up then a reverse split would not necessarily be a bad thing.

Good luck to you and all the rest of us longs... I locked my shares up for sale at a much higher level today after reading everyone's posts about not letting the shares get borrowed... I don't know if it will make a difference but I hope it does.