RE:RE:RE:???A reverse split in this case may accomplish 2 things...first at the time of the announcement it would have the shares over $5....many institutional shareholders will not buy shares under $3 or $ 5 depending on their investment policies...second in order to be margin eligible shares need to be over $3 (normally 50% margin) and $5 for 30% margin....so reverse split will most like make SGY margin eligible if IIROC approves it....so there are potential benefits for the nature and type of investor base...GLTA