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edit about the float. that was incorrect. Currently "After the reverse there are 183,087,853 shares of all classes of stock." from the 8-K
[ March 24, 2006, 15:14: Message edited by: sbrcow ]
-------------------- drummer. rock and cash all that matter. Posts: 294 | Registered: Mar 2006
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Isn't there gonna be a 10,000 to 1 R/S on this puppy? It would be insane to touch it.
Posts: 882 | From: CA | Registered: Jan 2006
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What is the structure of this thing? And how could it have dropped so low, so quickly, if the R/S only happened a couple weeks ago?
Posts: 882 | From: CA | Registered: Jan 2006
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Nevermind, I just read the above. 183 mil shares? That is rediculous for a .000x stock. If they have ANYTHING going on, this should climb. Too bad there aren't enough shares available to really load up on this stock. It would only take about $73,000 to buy the whole enchilada.
Posts: 882 | From: CA | Registered: Jan 2006
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"the AMIT has initiated a 10,000-to-1 reverse split effective today.(March 2,2006) This notification is being sent to CUSIP, NASD and the transfer agent." A bit confusing. I'll put it on my radar for now.
quote:Originally posted by TickTrader: The 1:10000 RS has not happened yet. Your post-split numbers are from a filing for a previous Oct 2005 1:20 RS.
Before jumping in this, read the filings at pinksheets . com and then read the 3/2006 filing at OTCBB . com to get a dose of dd (daytime drama).
GL - The new RS is on super preferred shares, but I have no idea how this will affect the common or the company.
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I had bought this stock a couple of months ago at .0003,thinking it would be another subber ready to roll...but, then that r/s news came out on mar 2nd, and i immediately sold it for what i could get, which was .0001, as the release said it was effective today (mar 2nd). I would obviously been worse off if i held and they r/s my shares.
But, now i am confused as to if the r/s has happened yet..dont want to buy if it hasn't?
I might consider re-entering...but, i may just wait awhile longer to see exactly whats going on here.
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it Posts: 305 | From: NJ | Registered: Jan 2005
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