Mega Brands Inc MBLKF

Ok why are we talking reverse splits here?

[robvc]

Did i miss something in the report? There is no talk of this anywhere so im assuming its just a curiousity issue correct?

[tonygtx]

The board approved either a 10:1 or 20:1 RS  back in june which could happen anytime....the deadline is june 2011

[doctor333]

That's right...no mention of it this quarter..it's older news.Splts are purely an accounting issue....with the upside of Institutional investors being able to buy. For example, with a 1:20 reverse split, a .50 stock would equate to $10. There is no reason why a .50 stock that goes to $2 cannot equate to a $10 stock going to $40.From a financial statements and accounting point of view, the

[tonygtx]

LOL...if you think a $10 stock with 37M shares is going to $40 thats all you need to know then....back the truck up and load up your shares.....i know what 10 dollar stocks with 37M shares does

[robvc]

Thanks for the info but im out.Ive never in my investing experience had any returns on a reverse split.The perception is a reverse split does make larger investment institutions, look at the company with a more stable investment without the big s/p swings.9 out 10 times  usually its not a good investment for shareholdersand takes a long time if ever to reach previous highs.As they say at