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phrantic

01/24/12 9:05 AM

#5447 RE: Jackroch #5446

Anything factually responded to on the TEVE board is either a generality or sneered at. Perhaps you can explain where TEVE will be getting future funds when needed? I'm all ears. Big board stocks that do splits are not looked at as negatively as OTC/Pinks that do the same. Splits in pennyland are rarely looked at as a plus and historically the SP heads down hill fast.

agribusiness72

01/24/12 10:48 AM

#5449 RE: Jackroch #5446

You have this wrong, this is a reverse split, usually very negative just like when Citigroup did their reverse split, went from approximately $3.15 to $31.50 in a 1 for 10 reverse split. It now trades at $29 or so. But what is amazing to me is that not only is the reverse split going to happen, if approved, an additional 500 million shares will be authorized. So do the math, 200 becomes 1, 45 million becomes 225,000 but authorized shares goes through the roof. Why?? 100 million shares you would think would be plenty after the reverse split. We shall see in the near future.