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Midwestrader

01/21/10 11:01 AM

#29585 RE: SchlumpyStock-Picker #29584

ROFLOL....Uh...this is a VOTING instrument.

That document is a PROXY VOTE for all shareholders to DECIDE if THEY want to increase the number of AS. It's NOT a document saying "I'm Steve Humphrie and this is how many AS I've approved without your vote."

He's whining to his shareholders to PLEASE vote for the share increase or we might go BROKE--if you'd take the time to really read the enitre thing.

BTW,that is from 2008 when the company was DLAV not DLAD. When it was changed to DLAD they reverse split the shares AGAIN. Nothing but a HISTORY of reverse splits and stock decline.


Here ya go Slumpy,from that SAME document. You better read up on this:

Risks Associated with the Reverse Split

Although the price of our stock is likely to increase with the reverse split, there can be no assurance that the market will sustain the increase. Our total market capitalization may decrease after the reverse split. There will be fewer shares to trade; there may be reduced trading volume and less liquidity as a result. There can be no assurance that the reverse stock split will result in a price per share that will attract brokers and investors that restrict trading in low priced stocks.

He was DEAD ON with that prediction in 2009 when they split AGAIN. The price went from ten cents to what you see today.