Reverse Split - My biggest fear from Day 1. I have said it numerous times on here in the last two months. When I bought this stock three years ago, I said to myself, that with the amount of outstanding shares this company had that I am taking a huge risk here with the great possibility of the company REVERSE SPLITTING THIS STOCK. Due to the MM's and horrible share price. Any move in a positive direction here may warrant a reverse split simply to improve the value proposition of the share price to new investors. Unfortunately all the existing guys like me and you are going to get totally screwed is this happens!
However, the company would need to have good news first and actually turn the ship around for us to even start talking about this. At this price right now new investors wouldn't buy so I truly believe a reverse split would not happen until the share price did not move at all pending positive news and/or earnings!
People seem to forget that positive earnings at this point doesn't mean the price of this stock will go up...investors actually need to want to own this company and at this point it's just not going to happen. It's an utter piece of trash...and deserve's this title to the fullest!
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