News Focus
News Focus
icon url

cynic2005

10/02/07 12:28 PM

#38402 RE: risi #38399

Help me understand how this would marginalize old owners? It's been a while since I did higher math, but the proportions of ownership remain unchanged in a reverse split.

Unless, of course, they are planning on diluting the heck out of this security going forward, but I am sure that you will have a positive spin on that, as well...
icon url

marks37

10/02/07 12:28 PM

#38403 RE: risi #38399

Your sarcasm is understandable under the circumstances.
icon url

d indian

10/02/07 2:26 PM

#38445 RE: risi #38399

RISI, think you are wrong. There is no way possible this stock will ever uplist. Sraightening up the paperwork, so it woulld make sense is at least a year, or two away. By that time, the share price will be back in the toilet, worse than ever.

A little food for thought. If I had owned 12,000,000 shares of this stock 2 years ago from today. This morning I would only have 10,000 shares. Sure looks different when you use real numbers folks. Indian

Total scam from day one.