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Re: Fasctrack post# 7553

Thursday, 04/18/2013 3:54:54 PM

Thursday, April 18, 2013 3:54:54 PM

Post# of 7992
I understand your logic, and agree with the impact a R/S has on the share price and shareholders, but certainly wouldn't understand their reasons for even considering one given they own most of the outstanding shares. I do however dissagree with the reduction of shares would make the investement look more attractive to potential investors, because of the following reasons.

Rarely if ever do you ever see any sub-penny stock trade on fundamentals, but then again very few of them are profitable so there are no fundamentals to trade on lol. The fact is, when you see a stock start running it is simply because a group is usually pumping and pushing it. There may be people throwing fundamental analysis numbers out there, but they are 99.9% of the time based on bogus news releases, and it's usually part of the pump crew doing it lol.

This company has everything it needs to register with the SEC and uplist to the QB or QX exchange. If they were to do that it would open up a whole new set of investment opportunities and financing opportunities. Brokers and investment banks could come in, and friendly financing can also come in. It would certainly look attractive since there are no convertible debentures, and insiders hold the debt.