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jasitrader

02/27/14 1:24 PM

#277315 RE: packerfan9 #277314

What is the A/S here.
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Manti

02/27/14 3:08 PM

#277324 RE: packerfan9 #277314

pf9: You need to keep your facts straight if you want anyone to listen to you.

First off, it's down 99.8% or 99.7% from the rs (if you assume the price was .10 after the rs, and ignore the NO BID, which meant that you could not have sold at any price pre-rs).

Secondly, the os was 1.71 billion pre-rs, with authorized of 3 billion.

The AS was reduced to 475M and then raised to 2.5B

We don't know what the os is currently. Someone posted that it was 700M a while back, which was before the 650M trading day.

We don't know if more shares were issued on that day, or if it was just those 400M+ shares that were added since September being distributed to retail.

You are correct that caution is warranted.

We must wait to see if the past is prologue to the future...