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MIHL Board

09/21/12 1:04 PM

#7337 RE: DDHOUND #7333

So you are asking for a reverse split to increase the number IFAD both authorized and outstanding shares of say 20 to 1? We are not prepared for a reverse split we do not feel its fair to the shareholders.
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Wam342000

09/21/12 1:11 PM

#7341 RE: DDHOUND #7333

That's an illusion... Most of pinksheets stocks live only through dilution

How do you think could many survive issuing shares at 0.05 ? It's not AAPL, insiders have to dump at the lower possible price ie 0.0001 still having a gain..

At current dilution rate it's a miracle that PPS will recover to 0.003..