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Re: whynot3 post# 67307

Saturday, 06/08/2013 9:17:53 PM

Saturday, June 08, 2013 9:17:53 PM

Post# of 226099
Depending on who you listen to you have two choices. Get out now. Or everything is just fine. If there is no new evidence of a valuation that supports a new or potentially new revenue stream then you will be better off getting out now. Because the pps will surly fall after the reverse. My belief is that most all of the longs that took advantage of the preferred shares that were offered have already sold their commons. The speculation the way I understand it is that the new reverse split will be set such that it starts out around $2.5 per common share. Plenty of room to fall a very long way. The current pps suggests a 1/13000 split. If you are holding common shares now it will be locked for 30 days thru the restructure. After that if there is new evidence of potential that supports the new share structure, then perhaps the price will hold. We are told by the company that evidence will be presented and that is the big rift I believe between the longs here wether there is some scam going on that we just can't see or are they shooting straight with us. Which of course some believe that the company has never told the truth. So why change their spots now.