Monday, April 08, 2013 7:42:14 PM
One of the 3 main reasons why companies will execute a reverse stock split is to Increase their share price to avoid the “low-quality” stigma that is associated with penny stocks especially when the company is increasing in value and not decreasing.
]b] Listen to this industry analyst: http://yourlisten.com/channel/content/16970924/Reverse_Split_can_be_good
As we all know the investment market is huge and certainly much larger than the traders trading in stocks on the penny market. The majority of investors pro and non pro are not playing in penny's. You can confirm that by going to the OTC website and view the number of trades in LQMT s on a daily basis or any of the pennys for that matter.
A reverse split would open the trading in LQMT to the general market economy and possibly with good revenue inbound to a big league exchange. I'm sure that Steipp would not raise the price to an unobtainable value. He would, in my opinion, split it to a much larger class of investors with deeper pockets.
My opinion not a recommendation or advisement
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