JC - IF reverse not finalized and in motion, that leaves a window of opportunity for the company to actually work with its shareholders to take the company to the next step.
For the RS to be useful in this current market, they cannot afford to alienate their current longs. I personally would welcome a reasonable RS where a reasonable amount of sustained volume would generate pps volitility (upwards).
So what would the new share structure look like? What kind of RS would be acceptable to enough shareholders that would compel us to reach a further into our pockets in order to have a place on the gravy train?
If 1000:1 RS, then Peter wont be able to sell shares post RS unless its a potential partner buying in.
As for me I'd rather take a hit by a 10:1 RS than be totally wiped out by a 1000:1 RS.
JMHO - P.
News 
Market Data 
Discover 
AI
