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Patriot Scientific > Message
Sany0045

Re: IMHO, gcduck

Posted by: jumpingtown on August 07, 2008 04:44PM

In response to: Re: IMHO, gcduck by borredo

"(...)We're trading at $0.28 so a reverse split at 1 for 10 would bring us to $2.80. Even a 1 for 20 would only bring us to $5.40. Not a good number to be on the nasdaq. Little margin for error. As $5.00 would be the minimum nasdaq requirement."

As I´ve said a while ago and would like to say it again and again if it´s necessary:

I for one hope that we will not see an rs!

`Cause:

A qualified higher sp for the long term isn´t guaranteed as a result of an rs, and it would be a confiscation of property, finally, if the sp couldn´t be stabilised on the corresponding level.



But as far as I can see, there´s no need for an rs at the horizon, recently!

....................I for one believe, that we will be strong enough without an rs, if we´re going to implement the "umbrella" consequently.

Be well,



Jump



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