Replies to post #8041 on Dakshidin Corporation (DKSC)

[stervc]

exlax, with this reverse split cancellation...

Sorry for the delay response. I'm having a hard time getting caught up since getting back in town.

I think the news was great for DKSC to cancel the reverse split. In order to bring in the acquisition/merger, space for shares had to be created/made to allow for such absorption of the incoming coming. It was either make space for the newly arriving entity or allow DKSC to exist as it had been previously existing with much of nothing into it.

Now we have much of something coming into DKSC. Either a reverse split had to be done or the Authorized Shares (AS) had to be increased to create space for shares to exist for the newly incoming entity. We all know the market sentiments of a reverse split as was reflected in the downturn of the stock upon such announcements and the days followed. A reverse split usually spells doom 99% of the time within the penny stock world. I’m glad someone got those guys flip the light switch on.

Owning shares of DKSC is what entices the entity to want to be acquired/merged into DKSC. The entity couldn't just come into DKSC for free. Some kind of a transaction had to transpire to allow for such union to transpire for a controlling piece of DKSC to be owned.

v/r
Sterling