Replies to post #61 on Crossroads Systems Inc fka CRDSQ

[hondaboost]

CRDS, Big drop, as it has only 3 employees, revenue: $1.8 m, Loss: $9.3 M. Lost lawsuits, will do 1 for 20 R/S, Huge!

CRDS, DEF-14A, filed on Apr 14 for the Huge R/S:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11333237

At the annual meeting, you will be asked to consider and vote on:

2. the approval of an amendment to the Company’s Certificate of Incorporation to effect a reverse split of the outstanding shares of the Company’s common stock at a ratio of one-for-twenty;

[gm99]

The big drops resulted from its losing its lawsuits, plus bad financials, I guess.