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Replies to post #22843 on Nexus Energy Services Inc (IBGR)
TheFinalCD
01/30/12 9:20 PM
#22844 RE: was SaltLife #22843
Our next PR will be RS. JMO
PHAR should have done a RS when Howard took over the shell. The current SS is a mess and unfavorable for attracting investment
Is that what Howard told you at the site visit or just your opinion? A R/S at this point would be a disaster for shareholders. It would play right into the hands of Dennis & Co. who are eager to dump tens of millions of shares that will be coming off of restriction. The SP would go right back down to where it is right now in due time after a R/S. And that's my opinion.
On the contrary, a Reverse Split of PHAR to eradicate the dilution of DM & Co. would be very effective. Why drag out the pain??? Why wait for PHAR to go to $0.0001 before doing a Reverse? jmo
Snizzle
01/30/12 9:27 PM
#22845 RE: was SaltLife #22843