It won't matter what you tell them, the company has made-up their mind to R/S and increase the A/S probably to 5 Billion check out this link and then search each companies historical price from before and after the R/S date. (go to bottom of page to see latest offenders) http://investorshub.advfn.com/boards/board.aspx?board_id=3017
flaflyersfan Member Profile flaflyersfan Member Level Tuesday, July 10, 2012 7:34:37 AM Re: cargo_hauler post# 15307 Post # of 15358 A Reverse Split is to create more stock to sell at a higher share price no matter what a company or anyone says it might also be for.
CEO [July 13, 2012 - 10:40 am]: GuestMax: Thank you! That would be 1/100 Guest 580 Thats one for a hundred: It might be even more than 1 for 100 to ge the number of shares to the desired amount. Please keep in mind that we've maxed out the number of shares currently outstanding - we have not been able to issue any shares for over a year with the exception of personal shares that Arne has given back to the Company which must be repaid to Arne. These shares that Arne loaned back to the Company were then issued to Gary Block in conjunction with Ariel Way's acquistion of GovBuys and some shares were issued to YA Global (as we were required to) We have given out a number of stock warrants in place of actual stock which must also be taken into consideration when we do the R/S.
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