Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PHGI -Perihelion Global, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: improvguy who wrote (570)	4/16/2006 2:00:17 PM
From: rrufff	Read Replies (1) \| Respond to of 827

a reverse split, with rare exceptions (eg spru to sprl) is typically disaster is pinkie land unless real value is added. IMO - VWKM has PR'd that there will be no reverse split at least a couple of times. If they stop diluting and dumping, there could be an increase in share price from its place in the cellar now .0000? x .0001. If on the other hand, they r/s, and then say "we meant we aren't r/s today," while they were diluting and dumping, may be construed as an attempt to screw current shareholders and could IMO be violative of certain anti-manipulation provisions in the SEC acts and regs thereunder such as reg sec 10b-5. Of course, that doesn't mean they don't get away with it as SEC resources are slim and shareholders have short memories once they lose their money. However, each r/s gives birth to new "bashers" and one day the company may realize that further screwing shareholders will hurt their attempts at making money in the market. Just my opinion.

To: improvguy who wrote (570)	4/16/2006 3:39:05 PM
From: donpat	Read Replies (1) \| Respond to of 827

They issue shares from their treasury like mad. Why? All I want is a straight answer. If there is one. I get the definite impression they are deliberately trying to run the company into oblivion with this share issuing binge - and they certainly are accomplishing it, if so. Why?!