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noquit

08/23/11 10:38 AM

#53939 RE: Suspect #53938

Far from the amount of stock out there to even consider a reverse split at this time.

No way.
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longterm42

08/23/11 10:51 AM

#53943 RE: Suspect #53938

actually, when the time is right, a reverse split done buy a "real growing co" is a very good thing. as an example, instead of a mil shares at .01 ea, you will have 10.000 shares at $ 1.- and the shares will be traded at a reputable exchange. i have been in several stocks where that was done and worked out great. higher exchange brings in institutional investors, drives up the S/P and gets rid of some of the BS POSTING
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dmlabuda

08/23/11 11:01 AM

#53945 RE: Suspect #53938

Not tomorrow! It's just the most logical thing down the road to move TYTN onto a major exchange in the event that earnings are not increasing fast enough and management becomes focused on getting the price up over $1.00/share. There was a very good reason why they increased the authorized shares and it's likely a strategy they cannot easily share with shareholders. So, you need to have faith that the tractors are real, the company is for real and they will deal with obstacles as they arise and right now the A/S is not an obstacle except in the minds of some investors. They will get over it eventually. Besides it's the O/S that is really important and even that right now should not be a huge deterrent as long as sales are increasing.