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Irons3

08/26/07 11:16 PM

#80719 RE: Investorman #80718

I was thinking an OS of 630M after three years. A reverse split is inevitable if Dr. Hu is still looking to bring us to the Nasdaq......

We've got the 10k coming and then the proxy. Soon We Know.



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MrBankRoll

08/27/07 10:36 AM

#80723 RE: Investorman #80718

They won't have to do a reverse split. They'll just issue 54 million shares at a nickel instead of the 5.4 million at 50 cents.

As long as Princely get's their $27,000,000.00 worth of shares, what does it matter?