RE:RE:RE:Reverse Split's coming!
Hey Risk, Im going to respond to your email here so im not retyping everything. This is entirly all my two cents and I may be totally incorrect so do your DD.
Reverse splits benefits would be to make the company appear more attractive to bigger investors by doing a 10-1 split and showing a SP closer to $1.00. Also, if a stock exchange requires a certain SP to maintain its listing, this is also a good move to make. Fortunately the venture exhcnage has lots of listings for .005 and even lower!!
I think Heye is in this for the small investors as well as the larger investor, or so I get that feel when speaking with him. He knows that it would hurt investors with small shares as reverse splits are usually followed with selling pressure and would result in a loss for us. Albeit the company doesnt actually lose any face value.
So, in the case of attractivness, We have DELLER to thank here and we do not require outisde investors as he is flipping the bill and we are along for the ride.
We have a large support at .005 and .01. I know we will commence drilling soon and with other NR's along the way, and given the small trade volumes, we shouldnt chew through those large bids enough to drop to .005. We may touch it but I know that if it does, I will be putting in a large bit enough that they will have a hard time getting through it.
I guess, in short, there is not really a benifit to Heye splitting. I could be totally wrong and we see it come but I just do not see the point in it other than hurting the overall value of the company.
IMHO, there are a lot of investors holding cash due to OIL slumping (with no end in sight). Given what happened in paris and the attacks on Russias plane, we will very likely see boots on the ground in the middle east and the gold price will soon move higher.
All INHO, no comments needed and do your own DD.