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Ronin

08/27/14 8:53 AM

#48570 RE: jwblue74 #48566

Well said! EXACTLY!

My hat is off to you, sir!

The R/S doesn't matter unless the Company cannot secure financing for the studioplex. Actually, the R/S will benefit shareholders if they secure financing. Now, if they cannot secure financing then the PPS will tank after R/S. If, the R/S took effect today the PPS would be .70. Now, I currently own 10M shares which would change to 10,000 shares valued at .70. My value would stay the same worth $7,000. The question is when will the R/S take effect? The company still has to file a PRE-14C for regulatory matters & FINRA/SEC has to approve the split. We could get major news before the R/S date which could launch the PPS higher which could then be trading in the dollars after R/S. The best interest of the Company would to be release major news like financing secured, new confirmed "Yellow" release date, production start date for RIP, upgrading off the grey market, etc. to build back up investor confidence. If the Company just does the R/S without any news I mentioned then it will tank faster than the titanic. GLTA

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Smg1991

08/27/14 9:25 AM

#48575 RE: jwblue74 #48566

Your value would not stay the same if they don't lower the AUTHORIZED SHARES AS WELL. U ESSENTIALLY OWN ALOT LESS % of the company. IF they lower the AS ALSO then yes your value will stay the same!
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ANIA77

08/27/14 9:28 AM

#48577 RE: jwblue74 #48566

right, they have to back this up with solid news about secured financing otherwise we are going down...