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jmodified

03/22/11 11:21 AM

#29328 RE: weeblewobble09 #29327

If they landed such a deal, they wouldn't need 100-1, since the price would go up by a few multiples on its own.

magicatlast

03/22/11 11:26 AM

#29329 RE: weeblewobble09 #29327

Without a definitive uplisting plan, I will vote against any reverse split. The potential percentage gain is much greater at our present pps than at 100x our current pps, given the very good company performance I am expecting. I will also vote against removing the 3 director minimum and the majority vote to elect directors change. Those provisions are exactly how the common shareholders lose control of a company to a clique of insider officers/directors who become totally unresponsive to minority shareholders.

Magic

billpr

03/22/11 11:49 AM

#29331 RE: weeblewobble09 #29327

No it wouldn't.. There is nothing that justifies the proposed R/S. There is absolutly no reason for it. In fact the bigger the sale, the less anything at all is needed. Think before you post..