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gaboy47

10/10/09 10:33 AM

#23431 RE: opportunityknocking #23428

<We can always do a reverse split once we are comfortable with the future of the company. That would rectify the amount of shares outstanding.>

In due time, a stock buyback is another option to help reduce the number of outstanding shares. That would be my preference.
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Gold Seeker

10/10/09 10:39 AM

#23432 RE: opportunityknocking #23428

Opportunity, I doubt that Smithline will continue to short after he covers his current position because sitting on a 14 cent ask will not sell much stock. What I expect him to do is let the stock trade free, wait for the next press release and start the process over again. If Moro actually launches Dog RECAF and pumps the stock, Smithline can probably extract another 2-300,000 dollars.