Tuesday, April 02, 2013 1:09:01 PM
As I said the math doesn't work no matter how you slice it.
a R/S of 10,000 : 1 gives 250,000 shares outstanding. Liquidity
dries up (as BeachBum has stated).
I'm in total agreement with BeachBum that we need to find a
profitable company/CEO to take over. That's the only way I can
see to make shareholders whole.
On thing to remember, I haven't worked for the company in over a year and I am just a shareholder like everyone else now.
I would like to see my 10 years of hardwork (and no pay) be made whole eventually.
Raising capital by diluting stock would only be useful to buy a profitable company, not a business plan. I learned that the hard way. Remember 7th Level, et al? Some of the companies were "profitable", but after DD, they turned out not to be.
Also, did I ever do a R/S split while I was CEO? Nope, so I'm not excited about one either....It was a discussion point.
IMO and My Opinions are my own....
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