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joev2

04/23/07 10:40 PM

#1551 RE: mildtrans #1550

What nss? Dilution has killed this one. Read Bullit's last post. If Cotton has the goods, a possible reverse much later in the game MAY not be a problem. Best solution: buyback the shares.
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EZ2PLAYTUF2WINBIG

04/23/07 11:41 PM

#1553 RE: mildtrans #1550

Joev2 has hit the bull's-eye again. Last July there were 67,753,000 shares outstanding; now there are more than 4
billion shares outstanding. NSS, MM's, and shorters did NOT issue those shares and they are NOT responsible for the stocks plunge to .0002: that is a FACT!

Aditionally, every scholarly study analyzing the effect of a RS on the post split performance of the stock, concludes that there is a very high probability that the post split shares will decline in price.

If management is fixated on a RS in the near future, I contend their primary objective for doing so would be to further dilute.

There are many intelligent individuals running small public companies, but intelligence is not synonymous with wisdom.