: RE: 2012....WATCH for THIS.....UPDATE No reverse split in the near future, no need, if you do a little number crunching. Scott Stevens said in his presentation at the oil barrel conference that Sekayu had at least one TCF and one TCF is worth 400 to 700 million dollars. So based on the low end 400 m and the Government taking their 55% leaves 180 million and 24% of that goes to CBM Asia 43 million. Now lets just add to that number with just a couple of properties and still stayinging conservative, one property they get 70% of and another they get 80% of and if they again only find one TCF on each property thats another 126 million and 144 million respectively for a total of 313 million dollars. Even with warrants being exercised say a total of 300 million shares this stock would be worth no less than a dollar and thats conservative. No need for a reverse split in my opinion