InvestorsHub Logo

Voices of Reason

12/28/11 9:45 AM

#75 RE: THE MENTOR #74

BERX filed for a proxy vote on January 23 to consider a reverse split - anywhere from a 1:2 to a 1:12 split. The filing also shows that the outstanding shares have exploded from about 43 million as of November 14th, to a new tally of 53.9 million as of Dec. 27th.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8306792

The company has also filed for a stock option plan to issue another 8 million shares to company staff as an incentive plan.

dilution, dilution, dilution.....