Replies to post #70785 on Wialan Technologies Inc (WLAN)

[yipster]

Exactly. It's never too late to switch sides:)

[used0000]

I'm fine, and on the winning side. The problem is the currently inflated, or as the CC questioner called it, bloated Market Cap for this small Company.

That is not great news if none took the offer at .0096 with this low volume, and everything will depend on that alone in the short term.

Most who have those discounted shares are who the short term future is dependent, we will see what they do, and if they can generate some volume. This is if what you say is true about nobody taking the offer, and I don't think that has been disclosed anywhere yet.

[WhiteSpir1t]

It seems he's having issues with stock dilution that took place when Folger was CEO of ACYD. What he is concerned about is the drop in price as a result of the dilution. Now he's grilling the ex-CEO with numbers none of us here have any clue as to what he's talking about.

Folger then came forth, yesterday, and posted:

"Another recurring question is the mention of a reverse split of the common stock in the agreement. While not required, it was prudently included as an option in case the company required it to meet a higher exchange listing such as NASDAQ. We felt this uplisting was important as the former management and negotiators on behalf of our shareholders. The stock price should manage on its own."

Of course. if the PPS drops to abysmal level, then a reverse split would be an option would it?