GREY:SGGDF - Post by User
Comment by
Clinterooon Aug 15, 2014 2:03pm
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Post# 22847158
RE:RE:RE:NEWS - DEBT MATURITY EXTENSION
RE:RE:RE:NEWS - DEBT MATURITY EXTENSIONblobboy, how is it hard to believe that things couldn't get worse? That is exactly what I expect to happen. Soon they will do a consolidation. I don't think it will 100 to 1. Lets even say 30 to 1. Let's also say you own 100,000 shares now. So worth a whopping $1,000. After the 30 for 1 you will own 3,333 shares worth $1,000. BUT those shares that are worth 30 cents will slowly decline. Soon your $1,000 will be $500, then $400, etc., etc. However, this shouldn't surprise anyone. Look at the history of this company and management. If anyone is surprised then they are being rather foolish.