Replies to post #10441 on Americas Silver Corp fka USAPF

[USSilverBug]

Firecracker070445 -

Many reverse splits are done because companies are in trouble and are trying to save their exchange listings. With USSIF it is just the opposite. Keep in mind that once a RS split is announced and an AMEX listing gained USSIF will no longer be a penny stock or a pink sheet stock. Thousands of new American investors will find out about USSIF. Current shareholders will be able to buy on margin(Ameritrade margin requirement is $2). Funds that can't buy penny stocks will be able to buy USSIF. Many individuals that won't touch a penny stock or a pink sheet stock will suddenly be interested. Most current investors know about the RS and aren't going to freak out and start selling when the announcement is made. This is not your typical reverse split. It is being done from strength, not weakness. After the RS USSIF will have 68M fully diluted shares and will have nine month earnings of about .20 per share aftertaxes. Full year earnings, including tax loss benefits should come in around $28M or around .42 per share fully diluted. JMHO

[SOUTHPEN]

It is a good post ,but not entirely accurate. OTC has 3 main tiers Pinks are the lowest QX is the highest. USSIF is and has been in the QX for a long time. Poor data by Google ,Yahoo etc,etc makes these errors constantly and it most certainly does hurt the prestige of the stock .In the end the RS is to gain exposure to very possibly the best place to be for this company ,(in this country). US Silver as you probably already know is on the TSX which imo is as important as the Amex. We have only been on the TSX for a few weeks now and it really has not been a good time for resource based stocks therefore the TSX exposure will be extremely positive when the tide turns back to resources. Penny stock is such a demeaning name for any company in the class of US Silver but moving to the AMEX will not change Wall St.'s ridiculous nickname until we go over 5 bucs. I am not trying to be a downer on a good post,just think that the facts about this stock should constantly be examined and where necessary,corrected.