InvestorsHub Logo
icon url

momneedsawinner

12/04/07 7:40 PM

#78474 RE: kindo #78472

How do we know it's a 1:2666 r/s?
icon url

rolltide1

12/04/07 7:41 PM

#78475 RE: kindo #78472

I think it is going to worse than a simple R/S. Within 4 months what you hold today will be worth about 1% ofits current value.

We end up with a small stake in the new company that will maybe trade above .70 for a week as it slides to .15 or less. And maintain our shares in a company that will ONLY be able to maintain .0001 because there will be no interest so there will be no R/S meaning it cant go any lower. But you cant get rid of it either, no one wants it even at .0001
icon url

KA12

12/04/07 7:43 PM

#78476 RE: kindo #78472

Everything being said on this board right now is just speculation. No one knows and no one will know until the company PR's it.
icon url

kermit42

12/04/07 7:48 PM

#78483 RE: kindo #78472

This is all speculation. At the moment, we have no way of valuing our shares because we haven't been given enough information. Maybe you should sell if you are not comfortable, that is your decision, but do not sell because of anything you have read on here in the last hour.