News Focus
News Focus
icon url

Ronin_Trader

05/29/17 3:28 PM

#62943 RE: janice shell #62939

I'm going to take this as there is no proof that can be posted that can show that FINRA denied the split as of now.

No matter the case...it's still a good thing because traders don't like to see a split.
icon url

Kool Aid Man

05/29/17 3:55 PM

#62953 RE: janice shell #62939

Sounds like Alper wanted a reverse/split..then suddenly didn't. I'd say this calls into question his judgment as a Chairman/ CEO/ CFO/ Secretary/ Treasurer. Now this cancellation is being spun as a "blessing in disguise?"

Do you happen to know what the O/S was before the previous company trading as BLDV went bust? I see the PPS was 0.04 back in 2006 https://www.sec.gov/rules/proposed/s73704/williamsjensen021706.pdf (page 127). Reason I ask is I'm curious to know how much of the current O/S is comprised of old bagholders who were wiped out back then. Now their old shares are worth $0.003 even though they contributed $0 to the current company, correct?