Solar Alliance Energy Inc V.SOLR

Reverse Split Coming?

[dileas48s]

As this contines to trend lower $0.07 seems possible at this point.  There are almost 275 million shares outstanding and a current market cap of $38.5 million.

I could see them doing a 7 for 1 or 8 for 1 split.  That would get the share count back down to 40 million or so, and a share price of around $0.70, assuming the share price settles in at around $0.10 pre-split.

[SIGG1]

I agree that would be the best thing to do, maybe even a 10 for 1. Bring the price to $1 and use this opportunity to raise more equity by issuing more shares a $1 and wipe out current shareholders in the process. 

[MobilePeachmach]

How would splitting the stock be smart???Splitting the stock is to reduce the SP price to make it more attractive to investers,it wouldn t wipe any investers out because the shares would be worth the same,the invester would just have more shares that equal to the same amount of money.Another reason why splitting  shares probably won t be done is this SP was up @ .81 and its now down to @.135