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Re: MRDALE post# 1028

Wednesday, 12/05/2012 2:14:09 PM

Wednesday, December 05, 2012 2:14:09 PM

Post# of 15276
Mr Dale. You are mixing issues.

Reverse Splits do not change the value of the company.

Poorly managed companies that issue shares by the millions use R/S to fix their outstanding share problem. This is a very bad sign. The R/S does not fix a company who starts to issue shares again after the reverse split. All investors should shun those companies. They are the ones who need 1 for 5000 share reverse splits.

In Destiny's case, at worst, a 1 for 3 split would suffice to push the share price over $2 - 3. However, they do not need it if they seize this opportunity with Clipstream G2.
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