RE:RE:RE:JUST wondering......after reverse split..
there is always cheap PP as well
search the history, and you will find tons of examples
old_dog wrote: OK here I go again.
reverse split...30 to 1.......current price .295...call it 30 cents
30 * .30 = $9.00....Canadian....then the typical drop $2.50 to $3.00......now your in the $6.00 to $6.50 range Canadian.......convert that to US $$$$'s ....Now your at $4.45 - $4.82.....that should guarrantee your going to trade the over $4.00 mark for the required amount of days (with a little help from your friends). That gets you nasdaq.
That being said the folks that bought at 90 cents Canadian need to see $27.00 Canadian just to break even.....and $27.00 is a long ways off...
This also fails to address future dilution and corporte scavaging of shares at prices un-heard of. Remember you could own all of the class B shares and never have a say in how corporate is treated or compensated.
They will need to bump this up either through insiders buying more shares or having other big pocket players they have roped in to start buying more shares...some of these folks made a fortune when they drove it from 10 cents to 85 -90 cents...so they own management a little something if they want to get preferrencial treatment on their next big offering.
Thats my take.
Waiting for the cookies and pepsi
old_dog