Replies to post #762 on Vu1 Corporation (fka VUOC)

[The_Bull]

Robear, Sorry cannot PM, my whole perspective was 4-5.00 range with the current share structure is what I was counting on, I do have a very nice share count, now with the new proposal I am aware that they could opt for a 1:10 or ? split but no more then 1:20. My experience with reverse splits have so far NEVER been a pleasant experience. What generally happens the share price will also go up by the amount of the split then within weeks it is well below the share price. Now I still keep my stance on, if the share price does go up by 1.00 I can either multiply that by 6500 shares or 130,000 shares, I would like the later. Now, I must wait for the share price to hit 100.00 a share in order to achieve the goal that I thought was gonna happen, then 5.00 a share at the status quo. I have always thought that a buyout would have to happen anyhow cause I dont think Vu1 can make light bulbs fast enough. Now I am lost as to what is really going on with this company. I am probably over reacting but I have never seen any good come out of a reverse split.

I may have to wait for several more years now

[ginchinchili]

Thanks for sharing your always well-informed thoughts, Robear. Let me add that it would strongly behoove Vu1 to get their share price as high as possible before undergoing a reverse stock split, so if they have any good news in the works--and Blackstone said as much during his presentation, regarding a sales agreement--we can expect to see that announcement before the reverse stock split.

I'm sure Vu1 doesn't want to decrease the number of shares any more then they have to, but it will have to be enough to put their share price well above $4.00 in order to qualify for NASDAQ listing and to give them plenty of room for share price fluctuations. They certainly don't want to be listed only to have their share price drop below NASDAQ requirements and, after an embarrassing warning, be de-listed.

I would expect to see them get their share price to at least above $6.00. So, for example, if they were to get their share price up to $0.50 before the split, announcing a deal with a major retailer, then they could do a 1 for 12 reverse stock split and the share price would be at $6.00.