Replies to post #9598 on Geobio Energy (fka GBOE)

[go4green]

GBOE! i still think there is a good chance the RS will be dropped and set for a much later date or eliminated all together, the best thing the could do is to cancel the split and let this run till they have some profits to base their numbers on then if the valuation of the company is over stock price at that point a split would make more sense, but now is just unnecessary

[baldeagle9999]

The reverse split has been known all along, has been discussed here, and information has been provided to show that there is no reason that the R/S will tank this stock. Sound stock issues for accretive acquisitions will benefit the stock, and the R/S will solidy their capital ctructure.

The R/S is a non-issue. People are waiting, in my opinion, to see what the exact ratio will be for the split. Some have suggested that the ratio might be lower the the 5500:1 in the Pre-14c filing.

The management team that has come on board, and the amount of incentive compensation, would not make sense if anyone that really knew what was going on thought this was a scam or lose lose situation.

Period.