Replies to post #4754 on Empire Energy Corporation Intl. (fka EEGC)

[Doc Metz]

Theoretically if the company does a 1 for 2 reverse split the new share price would be double after the split. However, if you have ever experienced a reverse split, you would be aware that the new share price seldom ends up anywhere near double. In my experience, the new share price quickly drops back to a level that is very close to the price before the reverse split. In general, companies do a reverse split when they get into deep trouble and they are hoping that the initial jump in share price will give people the feeling that things are getting better. The last thing I want to see is a reverse split. It usually proceeds the period when the share price goes to the sub penny area.

[goingUPagain]

an r/s makes no sense and i agree with doc . what makes since is sufficient funding cause if they "hit" big, the shares need to be adequate for institutons to be interested. r/s does not help us, period.