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Re: dingocub post# 1274

Monday, 09/09/2013 8:05:13 PM

Monday, September 09, 2013 8:05:13 PM

Post# of 1622
that's what I meant.

You would consider doing a move to cash out some shareholders with few shares, while making the stock more attractive to new shareholders as it is no longer trading at $.06. You could even go to the extreme and have 10 shares for one and follow that up with trading five shares for one. The reason is bc I believe this is a company in financial danger, so that greatly helps them as old shareholders like us take the hit. I understand your position to be against the move.

Looking at $ZSL it did a very similar move.

"As an example of how short splits work, ProShares Ultrashort Silver (ZSL) underwent a 1-10 reverse split on April 15, 2010, which grouped every 10 shares into one share; accordingly, this multiplied the close price by 10, so the stock finished at $36.45 instead of $3.645. On February 25, 2011, ZSL had a 1-4 reverse split (every 4 shares became one share, which multiplied the close price by 4, to $31.83). Because of these two actions, one share of ZSL as of February 26, 2011 represents 40 shares of ZSL before April 15, 2010. These splits were necessary to maintain the price of the fund, whose value fell 90.2% from April 15, 2010 to April 21, 2011, and over 98% since December 3, 2008. Had the reverse splits not taken place, ZSL's closing price on April 21, 2011 would have been $0.3685, rather than $14.74, or .3685*40"

We basically did the same thing in an epic fall. The stock $ZSL is currently trading at $66.38

via wikipedia http://en.wikipedia.org/wiki/Reverse_stock_split


They could even do a reverse/forward stock split and go 1-10 to cash out shareholders with few shares and then do a forward split to give the loyal shareholders shares back after the reverse split. Just throwing out ideas.

They need fewer shareholders as companies similar to $APWR only have 3-5M shareholders. That's not a reason to cut shareholders, but having little financial success is very much a reason to do such a move.

If they don't do something this stock won't ever sniff the dollar mark as I've seen many charts like this and they never recover. They can't possibly recover as it would be the greatest comeback of all time. I have 70,000 shares so such moves (in essence, a 1-50 split) would take me down to 1,400 at $3 a share. I didn't buy anywhere near $20 (1.75 and all the way down) but that would provide hope in returning to a price appealing to shareholders. If they say, who they say they are

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