RE:RE:The only solution... When a stock builds too many trading shares through private placements to raise capital, there comes a point where development of the company does not keep up with the trading shares. This causes stagnation, slow growth and the only people who make money are skimmers, and some short players. Long patient holders just flounder and have their money locked..
Good and bad can come from reverse consolidation,
first... reducing the size of the float, to 100 million shares at .50 cents, along with timed expansion news, can cause a rush on the stock, pushing it to new heights.
second, reverse consolidation with no news, no plans by the company...100mil at .50 cents could spark a sell by frustrated longs...
FOR SPO... timing and stratagy is everything, marketing and NR's better be right on....
or face the music of pee'd off share holders..
GLTA... jus 1 man's opinion..