InvestorsHub Logo
Followers 15
Posts 626
Boards Moderated 0
Alias Born 05/01/2012

Re: smokey post# 46093

Sunday, 02/23/2014 9:05:43 PM

Sunday, February 23, 2014 9:05:43 PM

Post# of 130245
Now that's funny. I think you know in your heart that a RS is very likely and it will return to .0001 just like the last time Michaels did the 2,000-1 RS in 2005
http://www.prnewswire.com/news-releases/hop-oncom-inc-completes-name-change--reverse-split-and-offers-warrants-to-shareholders-54435477.html
It has been said that Peter will give fair warning about the dreaded reverse split. But..if you look at the date of the press release, May 18, then read the release you will notice it says effective May 18 at opening of trading.
Michaels announced the RS the same day he did it. I don't think anyone will consider that a timely warning.
And don't buy into the downplay of a RS. You can pretty much say goodbye to whatever money you had into this.