|
Yeah, I can tell why Bob. They want you to sell your shares at loss and gain others at $3.00 to keep the engine running. PR's tatics are not in the shareholders best interest at all! I will have a gain only if this stock reaches over $2.85. Yeah, this really sucks and many were screwed. 30 to 1 hurts. The PR firm called me today stating that stability was needed and 30 to 1 was thought to be the best way. There are just over 800,000 shares outstanding now. They certainly will have stability now. However, with this kind of attention, bad or good, interest will increase. A possible tactic, speaking of the company only, is to get on a exchange - plain and simple. I have been checking other companies in the same field and most are at $11 to 5 dollars. The PR firm also told me that firm picked up over 6 million dollars in order in this month alone. Take it for what it's worth!? For those who paid over .20 cents and have held in there with the belief that the company will make a quick turnaround by publishing news and a 10K - the company screwed you hard. This was not even close to fair. The most ideal way would have been to release the 10K with a follow-up of good news and run the price up to about .40 cents and them to a 10 to 1 split. This would not hurt those following at higher basis and those who wish to get out with a little gain when the news of a reverse split would take place, however, the reverse slit did happened,with no news, no info to brokers, and a reverse that cut to the bone. We were told that the 10 was just around the corner and we waited and waited and waited until the 1 week turned into 10 days them 2 1/2 weeks to 25 days .......to infinity! For some, 10K and 10Q will only cut their loses, not increase their gain!! Later, David Lee |
