First of all, I am not so sure the Bickels can't get the a/s increase passed. I know how much we all oppose that, and how we would all vote it down. Hell I don't even own it anymore, and I will STILL vote it down. BUT I think they have more tricks up their sleeves. They are not stupid, they are devious. Most people here think they have innocently neglected to put out real PRs. I think that when it suits them they are perfectly capable and willing to put out PRs.
When I bought (and stayed) into SEIH I thought what most of you think, that the 600 million shares to LJ was a necessary evil to keep the company afloat. However they never even acknowledged the end of that to the people that funded it (us). Nevertheless, I saw a prospect of great things to come.
Whether they get or don't get the increase now, they have shown me their hand. They care not about the shareholders.
As far as reverse split go, if they ever announce a r/s, I would advise you to sell immediately.
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