Replies to post #28119 on RespireRx Pharmaceuticals Inc (fka RSPI)

[gfp927z]

Ombow, Yes, according to Dew, 'the authorized share count does not shrink with a reverse split, but remains the same'.

Dew also pointed out though that since a reverse split requires authorization via a shareholder vote, it is just as cumbersome to implement as raising the authorized share limit, which also requires a shareholder vote.


BTW, concerning 20 baggers, I see that Rodman Renshaw was a 25+ bagger since its lows this year (.14 cents to 3.75).