Replies to post #19922 on TheGlobe.com Inc (TGLO)

[doug573]

Never said there would be, in fact I've said the opposite.

But there are some folks here who don't quite have their facts correct on how a reverse split would work if there were one.

[EdF]

You are genuinely going to be surprised when an RS is initiated with an RM? I guess it will be a learning tool for you for future RM plays involving relatively large OS counts. My initial hope was under 20/1 but now believe it will be quite a bit higher. I guess at some point, we’ll have our answer.

[potatoclump]

if a Delfin representative is now the director and CEO then can't he decide what happens with the authorized shares? according to the link posted about r/s, a company can elect to r/s all authorized shares so that no ownership is diluted. they can vote anything into action that they want to. it's not like theglobe.com realllly owns the company anymore. so if they desired they could make a r/s happen to bring the pps up without diluting their own holdings.