MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.

GREY:MAAFF - Post by User

MagIndustries Corp

Bullboard Posts

Comment by Redpillon Jan 25, 2011 1:47pm

416 Views

Post# 18023704

RE: RE: RE: Reverse Split

I am not none of them, but IMHO I do not think reverse split would be a good idea right now, since it would reduce the potential upside strength (easier to have a stock going from .20 to .80 than 2 to 8, even so the math is the same) and give much more room to the downside (remember, the market has a negative view about MAA).

That before the news; if we get good news, than I'd change my opinion, since reverse split would reduce our dilution and give enough room for funds to by our stocks.

Bullboard Posts

NervGen: Are amazing human trial results leaking out?