Replies to post #9289 on Lifeline Biotechnologies Inc (LLBO)

[MONEY MAID]

They would have to r/s and up list. Too many shares are in the mix to even let it get to 1.00 without the bottom constantly dropping out of it from flippers and scalpers. Think of what ERB_B ended up turning into with all those billions of o/s

[Ronin_Trader]

More likely that this will be bought.

[cool_deal]

I agree with the view that the reverse split is actually a good thing in the long term. It will mean they are trying to move to higher tiers.
But I was trying to speculate what kind of ratio it would be, in order to determine what would be a safe number of shares to hold on to. For eg: a 1000 to 1 ratio will truly be disastrous, where as a 3 to 1 ratio is something that I can live with.

Any ideas on this are welcome.