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So they do a RS, to do what, get on the OTC, why would it matter!! There is more to doing a RS to get on the OTC.. OTC stocks are no better, just more work for the CEO to do audits.. The right way is not dilute. Us the money they are raising from investors through the market to better the product and make more revenue.. UHCR I know the CEO well, he's a great guy, is not diluting, is doing what he should do with the share holders money and his products, yadda yadda.. Penny |
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There is no minimum share price required to get on the BB. There is to get to a listing exchange such as AMEX, NASDAQ or the NYSE. What is required by the BB is SEC compliance.
A reverse split without concurrent filings is the kiss of death. Any share price achieved by a reverse without fundamental support will sink to near zero. This isn't directed at any particular stock, it's just the law of the pink jungle. |
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Warren Oil
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....Very Interesting....
__________________
He becometh poor that dealeth with a slack hand: but the hand of the diligent maketh rich. Prov. 10:4
Last edited by Machinammo; 04-15-2008 at 07:02 PM. Reason: Spelling |
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Runaway Train
My buddy talked to investor relations of SSTP and USSE, and he was told....Like the song goes, Run Away Train, Never Coming Back, better get on board now.
The day traders are not going to be able to hold this back, there is nothing stopping the momentum of this train, the weight behind it is so great, it will break free of any restraints! ![]() ![]() ![]()
__________________
He becometh poor that dealeth with a slack hand: but the hand of the diligent maketh rich. Prov. 10:4
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WeChoose, could you please...
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Would you mind reiterating the coupla' options that are available to a well-run company in retiring excessive amounts of shares that minimize or do no harm? Thanks Mr. Choose ![]() |
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There are really only two "non nuclear" options: reverse split and share buyback. A reverse can work if it's managed properly but must be done by a healthy company with real earnings and fully compliant. It helps to reverse into excellent news that would normally boost the stock. Pink sheet companies with billions of shares out generally reverse with the announced purpose of creating a price that will allow listing. But the true purpose (almost always) is the elimination of shareholders.
These "elimination reverses" are always deep (1:1000 or even 1:more) but, ironically, almost never deep enough. They always compromise and wind up neither sheep nor fowl still with too many shares, falling like boulders and a bunch of outraged shareholders. A share buyback is self explanatory and is done from company profits. Last edited by wechoose; 03-27-2008 at 01:21 PM. |
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Thanks for the info... WHY DIDN'T I THINK OF THAT?
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...for something completely different. My son shared this with me today: The Truth Behind Hillary in Bosnia*Video Enjoy... ![]() |
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Video's on KaboomStocks!
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Hey, we have a video part of the site, really easy to upload, I added this to the site and updated your url. Thanks.
__________________
When you lose, don't lose the lesson. |
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LinkBack to this Thread: http://kaboomstocks.com/forum/kabooming-hot-stocks/19-sustainable-power-corp-pink-sstp.html
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