Enerdynamic Hybrid Technologies Corp. EDYYF

RE:RE:RE:RE:RE:NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING

[whodathunkit]

Not to sound like one upmanship but I've been investing for over 40 years.  I was one of the early adopters of online trading.  I appreciate your experience will be different than mine but, what other stocks have done plus $2 will buy you a coffee at Tim's.  I don't know if I can remember any time that a reverse split has resulted in a long term gain.  Usually what reverse splits do is give shorters more room to push weak stocks down further.

What I'm basing my assumptions on in this case is simply why would you take a 3 cent stock and reverse split it to 30 cents when you could do 60 cents and take the heat once as opposed to maybe having to do it again a couple of years from now if things don't turn around operationally?  Having said that, it's not unusual for Management (and politians) to float an extreme idea to prepare people for the worst and then only go half way so everyone is releived that it's not as bad as it could have been.

My point about being a negative Nelly is I think that is the only way Management is going to get the message that shareholders are getting a little tired of the lack of progress.  For the record I very much want this company to succeed.  I'm in it for the long haul or till I lose my investment.  I'm no enviro nut but I do believe we need to do as much as we can to be enviromentally friendly and the products these guys offer seem to fit the bill.

Cheers.

MAZZMEX wrote: I've been trading stocks for 10 years and I have seen these statments for multiple quarters to years without any action taken by the companies. I've also seen them say "up to 20 to 1"but ending up doing a 10 to 1 or 5 to 1..  Its a guess what they will do..

whodathunkit wrote:

drongodragon wrote: It's filed on Sedar and is up to a 20:1 consolidation, not is. Unlikely they would (if passed) do a 20:1. 

Why do you think unlikely?  My opinion is it's virtually a given it will be 20 to 1.  The wording of "at their discretion" over the next 12 months is a soft sell to make people believe it might not happen.  The reality is if approved it will virtually be assured it will happen.  I've voted to withhold for the 3 directors (trying to send a message we need better), withhold for the auditors (I think it's time for a change), against the stock incentive plan and against the consolidation.

Total negative Nelly this time around.

Cheers.