Post by
russd2000 on Sep 16, 2007 10:40pm
stock split
Well I guess that is somewhat good news, though I wonder why it was not released yet. I imagine that they are going to split to make more $$. I mean there are only 28,287,544 shares outstanding, that is pretty low. They must be setting the stage for some action as they have been quiet for nearly a year. What do you think?
Comment by
shinder on Sep 16, 2007 11:02pm
i called the company and someone from IR said the split was still being deliberated by management and the split would be to increase liquidity mainly. so my guess would be that no news (good news at least) is upcoming, as why wouldn't they wait to release good news and then do a financing to increase the number of issued shares.