InvestorsHub Logo

overachiever

05/29/08 1:11 AM

#564 RE: MCKINLEY MORGANFIELD #562

To each his own. You obviously don't understand how a real company's shares should be structured. At 1.00 to 1.50 per share post reverse, this stock will still be cheap compared to the competition. The only reason it is as cheap as it is right now is that the merger is not yet complete.

NHPIPIXiPY$26

05/29/08 3:06 AM

#565 RE: MCKINLEY MORGANFIELD #562

Nearly all reverse mergers into shells have reverse splits now, and a 1 for 2 is about as good as you can get. The situation your referencing is a dying company that has to reverse split to maintain a price, what is happening here is a completely different situation. A new company is entering the market via this shell, and the r/s is a product of the agreed upon percentage ownership of the shells insiders in the the new company.

Good luck with that entry point the day after the merger approval meeting.


NHPIPIXiPY$26

05/29/08 3:31 AM

#566 RE: MCKINLEY MORGANFIELD #562

Also there was no significant dumping, mainly accumulation and a slow move to .35 since the initial 8k months ago. You sound as if you're thinking this is in the 1st inning, when we are in the late 9th inning of this merger process, and there was no dumping by the shell insiders during that time. As a matter of fact, they are basically giving the shell away, and apparently betting they will make their money via their ownership stake in the new company.