OTCQX:MRVFF - Post by User
Comment by
langeron Aug 03, 2007 10:55am
365 Views
Post# 13196911
RE: Rollback
RE: RollbackShare rollbacks are stupid unless they have the co. in order. It gives the perception of less value per share. Very often the share roll back results in unnecessary erosion of the market cap. If the intent was to draw institutional investors they would have to do a 30 or 50 to 1 consolidation. I highly doubt even at those levels they would get much interest due to high burn rate and FDA wrangling.
I say let the SP do what it will do until the FDA approvals then consolidate. To do so in the mean time would be pointless and probably damaging.