Replies to post #27984 on JB and ZJMY Holding Co (JBZY)

[SkyFullOfStars]

You and i both know there will be no reverse split

[DwyaneMcRoberts]

Why would an RS wipe out current investors? I mean the value of your investment stays the same, unless you anticipate people to scurry off due to an RS.

I might just be missing something here.

[Rags2Riche$$$$]

*In regards to a R/S*

The only difference is that he raised the A/S to 2b. I still stand by a R/S isn't all that much of a concern.

A R/S really isn't a rational move at this point because the SS is still extremely attractive and all they would need to do is raise the A/S to compensate and preferred, warrants etc.

Now, with that said, the current SS (700m) is attractive on the liquidity front and allows institutions to come in. Although most institutions here in the states do not involve themselves with pennies, but outside the USA don't have these problems.

The investment community in Hong Kong, which are institutional in nature and who I think are the CDEL clients, in my opinion ruled out any chance of a R/S.

Second, Richard Oravec knows very well the negative effect of a R/S and will never allow this, because he is all to aware of the death blow a R/S entails.