News Focus
News Focus
icon url

Ten4

10/24/11 3:43 PM

#5589 RE: merle1283 #5588

Cash flow positive with 15 million in orders right? Until then they will need something right? Their is a correct way for a reverse split and a "wrong" way. If they do not do it correctly, hang on and watch out. I have seen a dozen reverse splits turn out bad.
icon url

Ten4

10/24/11 6:06 PM

#5591 RE: merle1283 #5588

Let me ask this... if they are going to be Cash flow positive, why not take care of the investors and offer a share buy back program? That will lower the float, and raise the PPS. Ohhh wait, everyone wins in that scenario. Perfect example, NWBI (Northwest saving bank). Offered a 5 million share buy back not to long ago = increased PPS even while the banking market was rough.