Friday, May 31, 2013 3:36:51 PM
Joey you can't have it both ways, the reason you can buy these shares so cheap is because of the CD conversion, no doubt about that, so now that you have yours you don't want them to convert any more?
They will do what they have to do, and I plan on continuing to own 2 to 4% of the company regardless of how many shares they have to issue, or if they decide to Reverse Split, it doesn't matter to me at all, but when it turns and it will, it will be payday time.
I would not mind seeing a 1 for 2 reverse split to bring the total outstanding to 300m or even a 1 for 3 that would drop the shares to 200 million but the timing would have to be right when the debt is done and they are going cash flow positive.
Stock would be on a tear. Of course 600m outstanding is not a problem either so they don't have to do anything.
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