InvestorsHub Logo

jake1279

01/02/09 10:24 AM

#45499 RE: Orangeman3 #45498

R/S or Forward Split?

Wouldn't they want to issues more shares to give to themselves and investors as they pour their assets into NWOL? They could triple the number of shares, announce all of the assets which would generate a high EPS, and have a $10 stock with 3 X as many shares! An R/S doesn't make sense to me but what do I know .. I believed them when they said there was a buyout at $2.10!

jake1279

01/02/09 10:30 AM

#45500 RE: Orangeman3 #45498

I wish there was a way that we could

communicate with the company and find out if our investment is junk or not. They have lied often, fired their auditors and laughed at us. But, Texas comes up with this great DD that makes us hopeful.

Any thoughts? Anyone have an idea on how we can establish a true connection?