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master01

03/10/10 1:32 PM

#18347 RE: babeemer #18342

It split 8X forward when they did.
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whassup

03/10/10 3:18 PM

#18359 RE: babeemer #18342

If they are going to consider and do a reverse, the larger the better, especially if you have earnings.

If they do a 100-1 ending up with 43 million, the current share price would effectively go to .40 per share.

Let's figure on the high end ifsl reports $860K in NET PROFIT.

This would equate to .02 per share with a PE of 20.

Nice figure to get institutional players attention. Only problem, at .40 still too low for the large buyers.

With historical growth over 200%, there is no reason after otcbb listing and this reverse, share price would increase from the .40 post r/s to $1-2 range- a 5 bagger.

If you have earnings and otcbb, don't be fearful of the r/s, AFTER the uplisting.