RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News ! Vaccine patent jewel9m wrote: Rogers is the largest share holder. He is not going to reverse split unless it directly benifits the share price.
Jewel9m & StevenBirch I agree ...
Every time the SP stabilize somebody come up with a reverse split doomsday scenario.
1) As you said ''Jewel9m'' R.Dumoulin and friends have to much to lose in a reverse split.
2) With multiple cancer treatments on the table(bladder,brain,lungs...) over 300 million shares out is a puny little number of shares.
3) When TLT will get approval for more than one cancer treatment, the SP will easily climb in the $30 US range, and $30.US is in the range of a stock split not of a reverse split.
ex;(of stock split) If you have say 100k TLT shares at $30.US,and TLT does a 3/1 stock split you end up having 300k shares at $10US each.
4) A stock split intentionally lower the price of a single share, making the company stock more affordable without loosing value.
5) In short, more peoples can afford to buy TLT share at $10US and consequently the SP start to climb again toward the $30.US range, and you end up with another 3/1 stock split.
We are not there yet, but nothing wrong with dreaming.
Until then we have to live with the doomsday reverse split boys.