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Re: euc post# 46877

Wednesday, 11/07/2012 2:34:35 AM

Wednesday, November 07, 2012 2:34:35 AM

Post# of 80868
The closer we get to their filing deadline the more I'm convinced that the financials won't be that bad. Because the stock has to trade above $4.00 for 5 or 6 days before being accepted on the NASDAQ Capital exchange, any reverse split now would mean they expect the stock price to stay up (assuming they don't increase it to 1:1000).

We're entering a tight timeline in the next few days where it's key for a successful uplisting for the stock to remain at these levels or higher. They want to survive, if they don't uplist, they don't get the $20 million the easiest way. They'd have to R/S and dilute this stock to hell on the open market, which I think even they realize is a horrible idea.

On the other side, I also feel like we're not seeing a lot of buying from leaked financials because, let's be honest, their financials probably won't be done for another 4 weeks lol.