TVI valuationI posted this a couple of months back, but continuing at these levels I believe TVI would be well served to look at reverse split on something like a 4 to 1 basis. There was lots of feedback from other posters that this never works and usually causes a drop. In a company that has no earnings and is just doing it for optics, I would agree, however TVI is a profitable operation. 2 companies I would put out there for examples of what a reverse split can do with positive impact are Crew Gold -CRU and Breakwater - BWR, both of which I have owned in the past. I believe CRU went at a 20 to 1 reverse and BWR at 10 to 1. At 4 to 1 for TVI, I believe we would be a $1/share company quickly as it takes the penny (and half penny) flipping out of play.
I will continue to wait this one out as I believe it will be rewared in the long term.