Posted On: 01/05/2016 3:24:34 PM
Post# of 75087
Re: Roger Wilco #16083
I am well aware of that. Their r/s was to avoid delisting from NASDAQ However if you look at their history of r/s you will see they did one in 2012 which annihilated shareholder value. Those shareholders who bought before the first r/s in 2012 were decimated to nothing after the r/s they did this past November. That is the point I am trying to make. R/S for the sake of staying listed or uplisting in absence of any real forward progress in revenue generating sales can be meaningless.
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