Comment by
wildman2 on Jan 21, 2011 11:54pm
They had an agreement with Mineralfields and Joe and Joe didn't like the price and backed away. That part I get and being in business in flow through shares with Joe Dwek doesn't exactly augment the stock price. So I get that part. If they had an agreement at .10 and then settled for much less the market would not like that.However, this consolidation idea?
Comment by
islandjon on Jan 22, 2011 10:02am
WER did a 12:1 reverse split a few months back and the s/p hasn't increased very much. I am voting against it if it comes down to it. Hopefully they can find another alternative before then.
Comment by
goldengirl20 on Jan 22, 2011 10:10am
I can name you at least a dozen starting with Nortel look where they are. Then there is CDB and BZA American bonanza twice a reverse and each time dropped over 50% and these were well established companies IT DOES NOT WORK that alone speaks how brite Management is here.
Comment by
trader4ever on Jan 22, 2011 5:58pm
If CDO does the consolidation, I first vote againsz it....and than dump my millions of shares. Reedis an idiot.....I knew this.A reverse spilt is, in 99% , the death of a stock!80 million sharse are nothing Reed is definitively an idiot!