RE:RE:RE:Reverse Split ?now why would you even consider a reverse split. Most institutions will tell you they don't buy any stock unless it's trading above the $1.00 range At the current level of .035 that would mean a 28 to 1 reverse split I really don't think too many investors would be too excited about that. The way this stock is trading if that were to happen you could bet any part of your body that ths sp of $1.00 would be short lived and the sp would drop.
I have a stock that certain stock traders thought that would be an excellent idea to reverse split it and get the institions interested (well that's what they were led to believe) The stock is trading down about 25% after going above $1.00 AND yet no institions have bought in. Maybe more reverse split is needed.
Have you noticed that everytime the sp starts to go up someone(s) yanks it back down. And no I don't believe that .035 is where it belongs. most of the investors on this site have put in more than that.
So thats my 2cents worth or should i say .035 cents worth.