Trucking I think you got off on the wrong exit or I misunderstood your post (always possible). BANI was .0001 before this reverse split. BANI was $1.74 a good while ago but there has now been 2 reverse splits since then.
As far as I know it's never been higher than .04 in 2010. All this splitting screws up the charts, but the $1.74 you reference was it's high in Feb 2009 which followed immediately after a f/s, prior to that there was a r/s in Nov 2008. They split so much it's hard to keep track what's going on.
Where MrFence and I diverge in our thinking of the company is in the better part of 3 years all I see the CEO doing is funding his enterprise via stockholders. Savy players jump in after the splits and some make lots of money but many end up holding the bag. The history of this board show the same conversations over and over again. Everytime it's a new set of peeps buying into the b.s. that Derrick dishes out, promises this, teases with that but in the end the balance sheet still shows no profit.
I hate that stockcharts adjusts the historical charts based on the current split, otherwise you could see the pattern. Oh well for that one.
Maybe I'm wrong about my assessment of the ceo and company, maybe this puppy runs to $1 but I doubt it. The current thinking I believe is it should be .10 which is it's post r/s price, but realistically I think something more like .01 to .04 is in order. This ceo has a history of dilution and I can't see anything to make him change. jmo
Oh and hopefully the locked up shares will be tradable Monday.
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