InvestorsHub Logo

don estaban

01/07/17 8:07 PM

#38076 RE: seekingafortune #38075

Lets press them at the meeting about the future share structure!

rocknroll350

01/07/17 8:12 PM

#38077 RE: seekingafortune #38075

I see what you mean and I MIGHT be ok with a very small split.. But at the same time there are so many shares out there that mostly all went to insiders... Sivo, NAUP, Mckinnon, HQ, Caro, etc... Don't see why they would issue those shares and then split on themselves. Can't imagine United would be too pleased either, they have 82mil.

If they have any intelligence they'd know that splitting would just return it back to the same price or lower after angry folks dump, at least usually.

Stronger solution would be to buyback some or Byron could retire some of the huge chunk he owns. Or just let it go as is and worry about it down the road when they have actual numbers coming in. All of this just my opinion of course.