PW,
I'm with you and I think that the R/S will have to happen unless Cetek thinks they can sell a few billion shares. There's no other way they could maintain the $1 share price to trade on the NASDAQ.
(Am I correct to say that you need to be at $1 to be listed on the NASDAQ?)
So, if they said no R/S and still plan on trading on the NASDAQ, somewhere, somehow, they feel the shares could reach $1 at least.
On the other hand, if not so rich people can own 1M+ shares, it would be easy for corporations (Motorola perhaps) to purchase enough shares to make this stock rise considerably.
Maybe there's something in the works for them to cancel more than .5B shares. Right now, the math doesn't add up and like you said, .25 looks like a good target.
But, I'm an optimist and I'm setting high hopes on this one.
Best regards,
Il Padrino
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