CYduct Diagnostics Inc (CYDX)

[BCMarine]

I think with a reverse split, only the outstanding shares are effected. Not positive. Plus, if there were a RS of 1:2000, the share price would be about $4.60, so the market cap doesn't change - immediately.

But all this brings up a good question. What is a realistic price for this company? Assuming the CE mark happens and there is a m/a on the table, how much is the company really worth? Forget number of shares and pps for a moment. Is the company, with it's great technology, worth $50mil, $100mil? Go crazy and say $200mil. If that were the case, the pps would be about $0.24 per share (roughly). I don't see it. The technology is good, but that's all that someone is buying. There's no good will and the current account list must be small based on sales numbers.

In my opinion, a RS now with a pps drop to follow might not be so bad. I know no one wants to hear this, but the company would not get sold for $950,000,000. With a RS of 1:2000, I end up with 1/2000 of my current holdings. The price drops and I can add more at a lower price. Then we would hope the buyout pays more than $4.60 per share, or a realistic amount for the business, such as $40/share (times 475,000 = $20mil). It's the only way the little share holders like me could pick up more shares and really make out in a buy out. Of course, this scenario works for me, but not everyone, which is why it is my opinion only.