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Hi jake, hope you got in your time machine and submitted that paperwork to them on time, LOL. I'm thinking your 100 shares wasn't crucial to the outcome of the consent solicitation...
In my view the reverse split is a very good thing. With a stock price around $2.60 after the reverse, a whole new set of eyeballs will be looking over this rapidly-growing company. Revenues in the past five quarters have been $1M, $1.8M, $3.2M, $4.4M, $8.6M. Net income over the same period grew apace: $99K, $214K, $383K, $605K, $1.4M.
If you annualize last quarter's net income, the stock is trading at a P/E of 6 -- ridiculously low with that kind of growth.
It sounds like you're miles away from breakeven on FKLT, but I would certainly recommend adding to your sizeable position...GLTY
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