InvestorsHub Logo
icon url

PennyMann

09/05/14 9:30 AM

#267315 RE: beninsac #267313

I'm not expecting a reverse split this year. The a/a was reduced to 6.8b from 9.8b, and then the a/s was raised to 8.8b after the o/s approached 6.6b. The o/s has 2b in room before it's maxed. We've seen about 3b shares issued the past 8 months so I'd expect 2b o/s room to accommodate the 1.5b shares follow the 2014 share issuance rate.