"When the reverse split and name change are finally completed, I will own (on a fully-diluted basis) a 3.5M share stock being managed by people who don't have a history of making wild, indiscriminate share issuances. And the bulk of those shares will be held by Sam/Marni Gaer. And there are a number of groups/players on IHUB and elsewhere who like to lick their chops when they spot a low-float stock that can be pushed higher with relative ease."
What you will end up with after the R/S (assuming that it will ever happen) is stock in a company that has been filing false information for quite some time now and has a habbit to announce things that they cancel later on. They don't need to R/S to make any acqusitions, here is what they say about the R/S: The Company believes that the Reverse Stock Split may improve the price level of our Common Stock and that the higher share price could help generate interest in the Company among investors and other business opportunities. Are you kidding me? R/S so the stock price goes up? How about they run some legit business to make the share price go up? Sure they don't print billions of shares (but then how can one know, as they've been lying about the O/S for almost a year, or longer?) but then with the little shares they they print they easily make $1mil/year, all free money.
Long story short, people need to stand up and report these companies filing false information!
