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Re: Herringaid post# 13604

Friday, 02/28/2014 8:39:21 PM

Friday, February 28, 2014 8:39:21 PM

Post# of 81999
Herringaid,
I don't want to get the fanning of reverse split flames going here, but neither 50 or 100 for one is reasonable. Assuming 700M outstanding, a 100 for 1 split would result in only 7 million shares out in the market. That would yield a wildly volatile stock behavior. In the same manner 50 for 1 would yield 14 million outstanding, and the same volatile outcome. Those are too tight and would result in a share price that would price out very many potential share holders in the end. Once real revenue streams were established and the outlook was solid, I would think that a 7 for 1 split would be good.

All the best,
Silversmith
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