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babeemer

01/07/11 9:49 AM

#28070 RE: up_and_down16 #28068

The A/S was reduced 50:1
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chickenvestor

01/07/11 11:58 AM

#28094 RE: up_and_down16 #28068

What I am saying is that the ratio of AS vs OS has increased by 4X. The approved shares only decreas by 50X where the OS decreased by 200X putting us in a weaker position in relation to what the company could and may do to us.

I do like the current price at $1. Puts me in just over break even territory if it will hold.