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Re: IslandTrader post# 3591

Friday, 02/21/2014 8:07:10 AM

Friday, February 21, 2014 8:07:10 AM

Post# of 3673
So this one will have just under 2 billion outstanding after the merger in March. What ya think that will do to the share price? With 2 B outstanding @ .04 you are talking an$80m M/C - new company has only $10m in revenue. I don't know much, but it is pretty clear they will need to R/S this one eventually - prob 100:1. Either that or we are looking at ultra- sub penny.

Following the charts is like driving a car forward while looking in the rear view mirror.