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mkendra

02/18/11 2:43 PM

#53082 RE: sfraven1466 #53081

Thus, the three main steps to look for that indicate a company may be positioning itself for an uplisting are:

1. Undergoing a reverse split to meet the minimum share price criteria of the exchange ($4 for NASDAQ).
2. Restructuring the board of directors such that a majority of directors are independent.
3. Creating the required board committees (audit, compensation, and nominations committee).


AT TODAYS PPS, EVEN A 1:1,000 R/S WON'T GET THIS TO THE NASDAQ

AT TODAYS PPS, EVEN A 1:500 R/S WON'T GET THIS TO THE AMEX

Not to mention other criteria that needs to be met, and at this point, are not met.

This is looking worse by the minute!



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stockguy99

02/18/11 2:48 PM

#53083 RE: sfraven1466 #53081

This is encouraging,if we dont dilute after uplisting,still price would need to be .o1 right?
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MrLong

02/18/11 3:14 PM

#53089 RE: sfraven1466 #53081

Not my failure rate for a 500:1 RS. That's a mkt fact. Anything that has that kind of Risk needs to be explained openly. Just like bitter tasting watered down lemonade tastes like it's diluted. My trade account is real and it shows what a diluted CBAI shareholder has gain/loss from dilution. Not really worth debating. Where is the independent board? The 14A was filed without an interested person representing a minority shareholder. That's a no-no...
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xxxx

02/18/11 3:54 PM

#53094 RE: sfraven1466 #53081

Not enough room for all losers on you poster board, given even 50/50, I didn't do my homework and listen to what I believe as "TRUISMS" from the CEO on a coin toss. If you did, that's your problem
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BULLSHIZ

02/18/11 4:01 PM

#53095 RE: sfraven1466 #53081

Those numbers all LOOK good but tell me, what was the ratio of the R/S of those companies? Any of them near 500/1? further...
how much did any of those companies increase their A/S AFTER the split....I'm guessing very few or more likely NONE!

PLEASE prove me wrong!

Voting NO to the present terms of the R/S.