Replies to post #11144 on Global Ecology Corporation (GLEC)

[arbpro]

If positive news does come out regarding Carbon Credits, I wouldn't be shortsighted. Our leader had plenty of time over the last 5 years to reverse split the shares and he chose not to. There must be a reason for it. Maybe he's a real man and not a mouse with principle's, and he feels that he is going to make this company successful over his dead body without diluting himself or the company. If this is the kind of man we have, you'd be foolish to sell shares on foundational type news.

Well, you got about 1/2 of it right. You got the conclusion correct about Pete doing whatever it takes to succeed. You got a complete swing and miss on the means thereto. Actually you got it flip-flopped 180 degrees.

It would be a colossal mistake to reverse split at this level or at levels it has experienced over the last several years. If you take a sub-penny stock and reverse it down even further below a cent you run a huge, huge risk of a death spiral, with panic selling, driving the share price to worthless. Once at that point, private funding ceases, because they see major risk that the company will not survive, not based upon its service or product, but based upon liquidity, which does not go to the merits of the company's business offering. Why would you do that? Only a fool would do that and the shareholders should be grateful that that strategy was not employed.

The only safe way for the company and its shareholders to reverse a sub-penny stock is to wait for its product or service to receive market acceptance. Market acceptance will enable the share price to rise and then and ONLY THEN, do you implement a reverse split. With market acceptance already established there is a much lesser risk of panic selling, because no longer will the investor have to worry with the question, "Do they have something that works." That answer of "yes" will have already been settled and that will calm the jitters surrounding a reverse split encouraging investors to "ride it out."

If the company had done as you contend, reversed before acceptance, there are 2 chances out of 3 that this board would not exist today, because the company wouldn't exist.