Leotxtx, I certainly don't want a reverse split, at least not until something like one for ten will put us on the Nasdaq, then I would support it. That said, I don't understand your logic in saying an R/S would reduce the number of shareholders.
The only way a R/S reduces the number of shareholders is if current shareholders sell out and existing shareholders buy there shares.
I would certainly prefer the company reduce the OS by buying shares back, but I also respect the company wanting to avoid taking on debt. As I understand it in the just over a year that I've owned the stock the company has added to it's manufacturing capabilities by about a factor of four, and it's added Hybrid Tech. to dramatically increase its product line, this is the kind of growth I love to see.
I suspect that at some point CTKH may want to either replace there older existing ovens with the newer design, or modify those ovens to the newer design. I say this because as I understand it the new ovens are about 300% faster in addition to having dramatically higher capacity.
If all I understand is true is actually true, I believe CTKH can probably more than triple its capability again by replacing or upgrading its older ovens without requiring additional space.
New or modified ovens cost money, but if the capacity is needed to bring all the orders CTKH can bring in they should prove very profitable. The question is, when does CTKH stop growing and reveal tremendous profits. My answer to that is never as long as there's a demand for increased production. What's needed is the revealation that this is what's happening.
When a company's growing 100% a year or more for a few years it cannot go unrecognized indefinitely. Today CTKH is selling for about 70% of what it was when I first invested, yet it's production capabilities may be up 400%. Sooner or later this growth will be recognized and reflected in the stock price.
Gary
