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GreatWhiteBuffalo

10/16/13 9:21 PM

#46420 RE: xmancometh7 #46419

I guess I don't understand reverse splits.

I thought if you owned 100 shares at 25 cents.... and there was a 1 to 40 reverse split you would own 25 shares at $1 PPS.
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GreatWhiteBuffalo

10/16/13 9:22 PM

#46421 RE: xmancometh7 #46419

I meant 1 to 4 reverse
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Carpasiano

10/17/13 3:28 AM

#46431 RE: xmancometh7 #46419

Have you ever seen a reverse split without dilution occurring. The scenario you state occurs when there is massive dilution. Split first, then an expected pattern of continued dilution. That is not the case here.

That being said, I think an S1 share restructuring is considered more respectable and overall would be a better and more likely scenario.