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kenpel

03/09/12 9:44 AM

#4743 RE: handyhintz #4742

well if people would quit selling so darn low.... here we go again we are at .12 ggggeeeeezzzzzzzeeee
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kenpel

03/09/12 9:45 AM

#4744 RE: handyhintz #4742

well if people would quit selling so darn low.... here we go again we are at .12 ggggeeeeezzzzzzzeeee
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pennystockpro1

03/09/12 9:48 AM

#4745 RE: handyhintz #4742

For a straight R/S, I agree.

This is a R/M play as well though and the belief is the R/M news will be out shortly. Obviously when a new company takes over the shell, any past PPS are irrelevant. So in that vein, the R/S isn't a factor like it is when a company does a R/S just during the course of normal operations.
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Snizzle

03/09/12 9:49 AM

#4746 RE: handyhintz #4742

Do you have any idea why Snry did a split? That might help answer you concerns.
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Bucks4Buckeyes

03/09/12 9:53 AM

#4747 RE: handyhintz #4742

The only positive for this reverse split is the anticipation that a reverse merger (or acquisition) will accompany it.

So, until the "tell-all" 8-K arrives, it doesn't matter whether we bounce back and forth from a penny to a couple dollars.

At least the bouncing back and forth shows the float is extremely small - especially with so many "frozen" shares.

Monday will be interesting, indeed, to see how many people will sell off or keep holding - when they have a choice after the R/S.

All The Best