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TheHunter2013

01/17/15 7:28 AM

#32481 RE: Schris #32479

25-1 split at the pps we are at now would get us at $4.67... The 40-1 split is not needed.

Runner237

01/17/15 7:56 AM

#32483 RE: Schris #32479

The RS will be either 20-1 or 15-1. SLTD is already at .187

DN216

01/17/15 8:52 AM

#32486 RE: Schris #32479

Which path is better?

1) Announce something major now, on the OTC market. If the value even went to $1 (only 5X the current value), many longs would be very happy. A 15:1 split at that rate would set us up really, really nicely. Then uplist, and enjoy either the NASDAQ or NYSE (a reverse split at $1 could set us up for the NYSE).

2) Uplist now, hopefully remain above $1 (after meeting the $4 requirement), and THEN release news. This would prevent the rampant manipulation of this stock, and offer us protection. I could easily see us going from $4 to $20 or way, way higher. Easily. Plus, we would have instant institutional investments.

2bogie

01/17/15 9:59 AM

#32489 RE: Schris #32479

I would think the RS would be closer to 20:1. 40:1 would get the outstamding shares between 8 & 9 million shares. Very small for any company and would make SLTD very volatile.

j_iliz

01/17/15 1:55 PM

#32512 RE: Schris #32479

I see no valid reason to release good news now before the R/S.


I think that releasing before the split would better reward the existing shareholders.

Without a doubt the news items would cause the pps to catapult to much higher levels from where it is now. The point is, this would be without the help of the institutional investors. Then once the price stabilizes, and not giving it time to drift downwards, you then do your Rsplit. This then forces the institutions to buy in at higher levels and quite possibly a second catapult in pps.

So I would rather the institutions be brought in at the highest prices. This would be a better stabilizing factor to the price and give us, the faithful small investor, a better ROI before the institutions get their manipulative hands on things.

I also think it’s silly to believe the releasing of news before an uplist shorts us in any way. There is no law saying that we can’t repeat summary news after a uplisting. In general, the more news releases we get, the more market attention we garner, and you know what that means. So we got a bunch of idiots here running around crying fluff. Big deal. I can put up with that because every time we “did” get a slight bolster in pps just when we seemed to need it.