TVI Pacific Inc V.TVI

I Can Hear The Fat Lady Singing...

[SlickWilly48]

I know it is summer , I know this is a slow period for trading , however when a stock releases news that should be good there will usually be some positive reaction in the stock price.  It has been over a month since the June membership meeting and the old management was replaced with new management.  There has been no positive reaction to this news.  The price has remained flat , with downward pressure.  Now there is more than 4 MILLION shares being offered at a penny.  Talk about holding the price down , or maybe this is a reflection of what is to come.  Maybe people in the know just want to dump their shares and cut their losses , or maybe they just want to get something for their shares.  I feel the worst is still to come.  I think the stock will trade at half a cent.  At half a cent Management will consolidate the shares on at least a 1 new for every 10 old shares. So if you have a 100,000 shares you will now have 10,000 shares worth 5 cents each.  However I think it is more likely the share consolidation will be 1 new for every 100  old shares.  In this case if you currently have 100,000 shares you will than have 1000 shares worth 50 cents each.  In either case the share price will again be driven down to almost nothing.  At this point Management may do another share consolidation or TVI may do a reverse merger with TVIRD at who knows what rate , but it won't be good for TVI shareholders.  If the shares are not consolidated before the merger they certainly will be after the merger.  This consolidation will take place at some unheard of rate.  The sun is setting on the TVI shareholders.  Cliff got 3 cents per share , we will be lucky to get one tenth of that , unless something positive happens in the near future for TVI shareholders.  All of the above is just my opinion based on the trends that I am seeing.  The Fat Lady is definetly at the very least clearing her throat.
I hope I am wrong?  Good luck to all TVI shareholders!

[stever50]

Hopefully your wrong. And these guys will build the business,I do believe there on the reverse split hopefully just 10-1. We will find out soon I guess

[Longtimer99]

Unfortunately you are probably right.  No way Cliff would have taken 3 cents if he didn't know what was coming.  Right now we could probably get 1 cent.  That might be good in a few months.  OR, we are all wrong and this will rise up.  I'm keeping my fingers crossed.    GLTA