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Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company focuses on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures the In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMIDivision (Military and Defence) designs and manufactures high performance, mission-critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. The STAR-V-TRK system is its small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains, trucks, and others.


CSE:SNA - Post by User

Post by BarneyLon Dec 20, 2024 10:43am
71 Views
Post# 36372152

Reverse Split

Reverse SplitIn my opinion a reverse split is the best thing Star could do.This is the strategy I would use. if I were the decision maker. 

I would wait for some substantial news with good revenue to be ready to announce. I would halt the stock to do a 6-1 reverse split during the halt. That wout bring us down to approximately 250 million shares. I think that would be a good manageable number to work with.

Thre best time to do it would be while it was at .05 cents. The stock price would be .03 and based on the news should increase the share price rather than decrease it like 20-30% most reverse splits do.


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