I think reverse will happen before Dec 31
Just had a thought, and think that Basu will try to make the reverse happen before Dec 31 for the following:
In the 3Q/15 report, PPJE claimed 30.6M shares at the end of 2014 versus 4035.5M shares as of the end of September.
Performing the 1:100 reverse before the end of the year will allow Basu to report the 2014 OS as 305.6K shares vs, say 40.4M. Sure that's still a 13,000% increase in shares, but 40.4M almost sounds like a reasonable number.
More importantly, in the 2016 quarterlies, Basu will be able to report the 2015 outstanding shares 40.4M. Then, if she doesn't immediately begin to raise the OS again -- as she did last year -- she might be able to give the appearance to new, potential shareholders (in the next paid awareness campaign,) that the share count is stable.
Of course, this theory could break down quickly if we see an immediate sell-off of the newly-reversed shares, from $0.01 to say, $0.001.
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