I doubt they RS anytime soon now will they raise the A/S? more than likely thats what will happen next, but there is plenty of time before an R/S is in order.
I have to agree with you Captain Jim. I have stopped playing pennies because of reverse splits but have no choice but to hold on to what I have right now due to low price. I had one stock where 300,000 shares reverse split twice and left me 3 shares. 3 SHARES! Have watched 5 pennies I owned r/s and not one is profitable and some have bankrupted.
Anyone saying a r/s is a good thing is wrong. We buy all these shares for a chance to make money and the company puts the screws to you and takes them away. He should just play it out and keep his stockholders in mind.
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