Replies to post #30743 on PositiveID Corporation (fka PSID)

[RMD1]

with only 85 shareholders and 7 million in public float, are they trying to squeeze out the 85 shareholders? Meaning if there is 7 million in float and they do a 1 for 100 split, then there will be only 70k shares in public float. They would then have 3.5 million shares outstanding which would make sense if they want to cap at 50 million shares. I get the feeling they see something on the horizon and just want to scare the current shareholders out and scare new shareholders from coming in. With 70,000 shares at .2 per share, you could buy back the public float for 14k. After the split, I would be more than happy to buy your shares.