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gaarbee

08/07/10 1:41 PM

#44908 RE: Mattnyc #44904

mattnyc, they will not do as stocks were issued to reserve in the hand of partners. until they sell it for good profit they will not do R/S

moreover, I think, O/S is not too huge to go for R/S
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jd123

08/07/10 6:00 PM

#44958 RE: Mattnyc #44904

Reverse Split?

well, yeah thats one way to get the price up for sure.. as everything else the company has been doing does not seem to be helping the pps.

oh, yeah, youd have less shares tho, oh, yeah, and rick would certainly start the printing press again. ad nauseam
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kastlem

08/07/10 6:40 PM

#44970 RE: Mattnyc #44904

It is an option used by many companies for sure but not usually good for the company in the end. Two companies I know have done buy backs and retirements of large numbers of shares in the past. Those options are to be preferred.