Wednesday, August 07, 2013 12:51:59 PM
I agree. (but it may not happen quickly)
It will be interesting to see how they do it.
Reverse split or bankruptcy.
Bankruptcy can expose the financial dealing of the company to public scrutiny,
which ,unfortunately, makes it less likely. Expense might be a problem.
Reverse split has a wide range of options, which should make it interesting.
I think the majority stockholder vote (for RV) might be a problem unless they use preferred stock or fake nominees.
One of Tonaquint's other investments is using a Cayman Islands company to get the new stock out. (maybe REG S thingy)
It will be interesting to see how they do it.
Reverse split or bankruptcy.
Bankruptcy can expose the financial dealing of the company to public scrutiny,
which ,unfortunately, makes it less likely. Expense might be a problem.
Reverse split has a wide range of options, which should make it interesting.
I think the majority stockholder vote (for RV) might be a problem unless they use preferred stock or fake nominees.
One of Tonaquint's other investments is using a Cayman Islands company to get the new stock out. (maybe REG S thingy)
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