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Tuesday, March 19, 2013 2:46:57 PM
We all know, that everyone is anticipating an aquisition. But, to attract more and mean a lot more investors, the price needs to get out of the price range it is in now. I'd wait for it to hit $ .05 again, thou.
Although, I know the amount of the outstanding shares doesn't make much of a differnce as it stands now. But, let's just think, if they did only a 1:20 reverse split (AND THEN MAKE IT CLEAR NO DILUTON WILL OCCUR), as we normally see with most penny stocks. This would reduce the number of outstanding shares down to about just 17.5 million shares and a PPS at $ 1.00.
This would make it much more attractive to indivisual investors. If approached and executed correctly, the PPS would move upward. But, and I will repeat myself, a statement of NO FURTER DILUTION MUST BE MADE!!!!!!! IMHO
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