GREY:PCCLF - Post by User
Post by
harry22on Dec 12, 2008 1:43am
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Post# 15642086
FOS will do consolidation or Reverse Split, Bad
FOS will do consolidation or Reverse Split, Bador Terrible!
As we've known that 99% of the company which did the reverse split have crashed. Nortel (TSX: NT) is the perfect example: it did 1 for 10 reverse split on Dec 1, 2006 when it was $2.15, then it became $21.50, now, it's $0.47 down from $21.5.
Mostly, the companies which do the reverse split have big problems. So does FOS. After it does reverse split, it will issue and sell tons of more new shares to steal your money again. This is exactly the trick for these SCAM companies do.