Replies to post #8217 on George Foreman Enterprises Inc.(fka GFME)

[joseytheoutlawwales]

Or we have been horribly mistaken and gfme is going nowhere.

Either scenario is equally likely.

[Peeb]

Nice post, Mr. Cheese! But I disagree with the notion that they would do a R/S for the purpose of raising the SP. Any filing or PR mentioning Homeclick would take care of that, IMO. If they R/S, I think it would more likely be for the purpose of increasing the OS to qualify for the big boards.

[Superfly15]

Nasdaq where a homeclick would belong would call for 3:1 or 4:1 reverse split to be affectuated to meet the minimum requirement of
$1.00 per share.

How can you enact a 3-4:1 reverse split on something with 5 million shares? It's not possible, the stock would not be liquid enough for the NASDAQ exchange.

IF there really is anything happening here (I am beginning to have my doubts), they would probably stay on the OTC for awhile...don't expect a move overnight.