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Waiting4it

08/28/13 4:01 PM

#33344 RE: juba22 #33343

They've done two reverse splits within one year. The most recent one was in April, and they are already back at no bid.

Management lied and misled investorsand consistenly made big promises that never came true. Management was recently overhauled, and we have a new batch to work with. The company has gone completely silent since then, and the only thing we've seen is MASSIVE dilution. Half a billion shares traded yesterday alone.

I would suggest waiting if you are looking for a long, long, long hold. Any shares bought right now will be worthless when the next RS comes within a month or two. That's assuming the SEC doesn't step in on a company that tries to do three splits in a row.