RE:RE:RE:RE:RE:RE:Meeting 14 Dec Vote will be happining buddyt wrote: after the reverse do you think it will net average down to pre split .60?
Again buddy...this is only my opinion. I do NOT think that if the R/S goes ahead the sp will fall to that price point. If you do a Google search on reverse splits and its typical results, it speaks for itself. Nothing is 100% guaranteed one way or the other. The one true fact is that real, meaningful profits that will fund near term capital expenditures is NOT in the foreseeable future. Therefore, the absolute reality of the company raising that capital through the issuance of MORE shares. Through the terms of the Base Perspectives, the company has the right to go to market for a very long time. SSL stated that the company will require BILLIONS to become a truly international company. I don't see billions of $$$ in profits anytime soon. We don't have long to see how this is going to play out. Cheers S7