Replies to post #5068 on Airborne Wireless Network (ABWN)

[gempicker]

Why not just pay the 2% fee or convert preferred to annual interest fee..

Much much more money can and will be raised by seeing the value explode alongside dollar volume vs. a disdappesring dollar volume and your RS theory..

[Sgreg]

Yes I understand that. That still does not negate the fact that to effect one they must must vote, give notice and have it approved by FINRA. Once there is a filing to effect one thats when its coming, not until then. Also FINRA will not allow back to back splits. You are looking at a clause in a contract, that is not a filing to do a company action. A split is a company action and they must file and give notice with FINRA approval.