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Grumpy

09/06/07 11:30 AM

#38558 RE: Dingie1234567 #38557

Soon?? Looking over your posting history it seems you first expected this same thing almost a year ago.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=14067286

Then again you seem to be bent on this RS idea.........

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22320671

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22435061

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22435291

If this isn't considered repeatedly spamming the board with the same message (with questionable intentions) then I don't know what would qualify.

Anything NEW to add??
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otterman

09/06/07 11:48 AM

#38559 RE: Dingie1234567 #38557

A RS at this price makes no sense. An effective RS is done to accomplish 2 things that must work in tandem for it to work. The OS must be reduced to a respectable level and the share price must move to a level that supports the company's ability to move forward (eg: a $1 post RS price allows more 'institutional' investing or a $5 SP allows for possibility of movement to a higher exchange). Well a 1 for 1000 RS would certainly bring the share structure into order here it would only move the SP to .20, not a very useful level.

Note, if you see a RS happening that does not support the above criteria, get ready to do some fast trading to get out, and then run for the hills because 99% of the time a RS just doesnt work when it is done for no clear beneficial reason! (And no, simply reducing the OS to a manageable level by itself is NOT a clear beneficial reason).
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bochelle

09/06/07 1:29 PM

#38562 RE: Dingie1234567 #38557

You have never posted to this board without trying to incite fear and loathing about a reverse split. Isn't it time you did one yourself?