Reverse Stock Split??? PEPSI REDEMTION PLAN - What would happen to it?
A short's dream. Instead of waiting months for the stock to go from $.60 to $.20, a reverse split of 1 for 10, will just make it easier for the stock to go from $6.00 to $2.00.....the mm's, if there are any still alive, won't have to fool around with 1/16's, they can scalp a 1/2 or more.....
The one share one Pepsi one-share redemption plan will have to be amended....if they do a 1 for 10, in the interest of the shareholders, the redemption program should be changed to one share for a twelve-pack. It would also easier for the company to package and ship 12 cans of soda instead of 10, thereby reducing the costs of packaging thus maintaining high margins. Again, doing the right thing for shareholders.
I know, you are probably asking yourself, how can we expect the company to be so magnanimous by improving the Pepsi Redemption Plan, but alas, another opportunity for management to demonstrate their continued determination to do the right thing for the shareholders. And what better way than by increasing the number of Pepsi's exchanged for shares of Stock.
Lets have that reserve split and let me have two more pepsis for each 10 shares I redeem. Ain't America great... |
