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es1

03/03/12 2:07 PM

#41472 RE: rocky301 #41424

Rocky here is the problem I have that maybe you can help with. They said they wont do the RS unless they get the ok to uplist first.
I dont see how that can be the truth.
The RS is to get a PPS high enough to get on the NASDAQ. But the requirements say you need much more then $4. You need $4 for a year or assets well over what we have.
How are they going to get an OK to uplist before the RS when the RS is how they are getting the PPS?
If they could get the uplist before the RS we wouldnt need an RS.

IMO we are headed down like all reverse spilts. We have 2 months for people to exit and all the people who wouldnt exit are going to see their accounts dwindle. A lot will bail and wait for a reload which will only make more people do it. It is a stampede when the herd gets out the PPS can start to go up again but that wont be for quite a few days/weeks.
I agree this step was needed. But the people thinking we are moving up or that we will ever see .20 pre split are out of their minds. Yeah ACTC is not a typical pink but the people in it are still in it for the money. When they see the dropping and realize it is going to go on until april they will wait on the side lines like me for a real bottom