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howaboot

04/06/06 4:09 PM

#145441 RE: Mr B #145437

But they don't have an OS of 12 billion.
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big_money_insiders

04/06/06 4:18 PM

#145449 RE: Mr B #145437

Mr. B,

Doing it at this time would be stock suicide !

They must first meet the goals and checklist of uplisting in order to be considered for another exchange. Check out the requirements. GZFX does not meet them.

It must only be done AFTER a profit is reached. The market pays attention to the financials.

Shareholders would not be able to hold the price up with the current balance sheet.

Plus, 99% of R/S's head back down big. Any tick below the R/S price is a loss for those that hold into the R/S. Chart 5 stocks with a successful R/S and get back to me. It takes certain criteria to be successful. Investors run from the thought, UNLESS it involves uplisting.

They must do it in accordance with a filing for the AMEX. If not, those that hold shares will get burned.

JF had better not pull a R/S before being profitable. He already has enough shares for cash. Absolutely no reason to do it now.
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acrazjo

04/06/06 4:20 PM

#145453 RE: Mr B #145437

The problem with an OTC doing a reverse split is it is very inviting for them to increase the float once again. Just look at FNIX as an example. JMO, Joe