Replies to post #189957 on ORIONS Money Stocks

[AugustaFriends]

what was their previous A/S?

[AugustaFriends]

MVIS new A/S 100,000,000 On February 17, 2012, MicroVision, Inc. (the "Company") filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to (i) effect a one-for-eight reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share, on February 17, 2012 at 5:00 pm Eastern Time (the "Effective Time")

http://biz.yahoo.com/e/120217/mvis8-k.html


Reverse Stock Split of the Company's issued and outstanding common stock and decrease the number of authorized shares of common stock to 100,000,000

and (ii) reduce the total number of shares of common stock that the Company shall have the authority to issue by 100,000,000 shares from 200,000,000 to 100,000,000 shares and reduce the total number of shares of capital stock that the Company is authorized to issue by the same amount.

As a result of the one-for-eight reverse stock split (the "Reverse Stock Split"), at the Effective Time, each eight shares of the Company's common stock issued and outstanding immediately prior to the Effective Time will be automatically combined into and become one share of Company common stock of 100,000,000. Stockholders of record who otherwise would be entitled to receive fractional shares are entitled to rounding up of their fractional share to the nearest whole share. The Reverse Stock Split will not alter the par value of the common stock or modify any voting rights or other terms of the common stock.

[AugustaFriends]

MVIS - $.59 cents so PPS on tuesday should be $4.72 -- I say we see it come down to $1.75 to $2.00 before it makes a Turn around-- JMHO my opinion from previous R/S plays-

Also, remember what Investopedia says about R/S -- Companies do R/S to get in complianced due to their failure. Something is fundamentally wrong that made them do the R/S; Investopedia says be careful as most likely FUNDAMENTALS have not change and most likely it will find itself in the same situation in 1-2 years.

Question for those that consider buying into POST R/S stocks--- if you did not buy when it was $.50 cents -- why would you buy it at $4.72?

[AugustaFriends]

MVIS - Question for those that consider buying into POST R/S stocks--- if you did not buy when it was $.50 cents -- why would you buy it at $4.72?

[Kenswift]

Don't they reverse split then dilute, then reverse split, wash, rinse, repeat?