RE:RE:RE:RE:RE:RE:20 to 1 would be better!Assuming this transaction goes through, the company will likely need to raise money, at least to enhance financial flexibility, at least if you are following through on the growth premise. Company needs to work very hard on increasing its reserves/RLI. That might be the key to higher prices, but Im not so sure.. There now are significant numbers of warrants that are in the money, that likely will be exercised over the next six to nine months. We have been through this before, and I dont believe there are as many institutional investors as you might think, A rollback is nearly a neccessity, unless you are going to pay a dividend, if you are not paying a dividend you likely should complete a rollback as protection against short sellers. The significant amount of shares outstanding makes it relatively easy to borrow shares. GMP... well that is no surprise to me.. Canaccord sold..
So what does it all mean.. to me something.. the rest, draw your own conclusions.