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Gold Seeker

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Gold Seeker

Re: Skipper4080 post# 30263

Wednesday, 12/05/2012 5:12:00 PM

Wednesday, December 05, 2012 5:12:00 PM

Post# of 30387
I don't think FINRA is going to approve the reverse stock split. It has now been two months and no announcement.

No reverse stock split and Moro runs out of shares to pay off Asher and may run out even before April 2013.

If Smithline thinks he can get enough assets to pay off his debt of $540,000 at the end of December, he will foreclose. If there is no money be be had, then it would do him no good to foreclose except to sell the shell. IMO, Smithline is a wildcard and not sure what direction he will take.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

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