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TheSittingtight1

05/21/14 2:36 PM

#28230 RE: CEL214 #28226

CEL213, We would be better off reducing the A/S by 500 to 750M than than to have a revers split.. The share structure in the O/S is good right now to keep the liquidity level good. Remember that we still don't know the float. We can only estimate that it is under 100M

ST

porkypigg

05/21/14 3:01 PM

#28234 RE: CEL214 #28226

no, we don't want a r/s at this point and time, it would kill this stock. they canceled it ,but at the time the pps was climbing up like crazy. but they may re-evaluate the r/s in the future, but I hope they wait til at least later this year. r/s/ NOT good for pennystocks. kiss of death. I've seen it way too many times before, and most here know it. we need the pps much higher ,before they even think about r/s.

beamin1

05/21/14 7:08 PM

#28287 RE: CEL214 #28226

Yeah I was also one of the ones that wished they hadn't canceled it...IMO a 10:1 would be great right now, shorts would have to cover.