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king oil

01/29/10 8:38 AM

#61297 RE: theduffer #61291

I disagree with that outlook. If I agreed I'd sell.
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skunksyard

01/29/10 9:36 AM

#61305 RE: theduffer #61291

"Even if we get to $0.10 per share then he would have to do a 10-1 reverse to get us to a dollar, at which point the stock would revert back to $0.50 and we would lose half of our money in a few weeks."

yup....and folks who watch r/s know this. The benefit, if any, will go to the new shareholders and current shareholders are screwed in most cases.