Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Wisdom in potential share consolidation?

Wisdom in potential share consolidation?

posted on May 09, 2009 07:20PM

I generally do not like to see companies do reverse stock splits on shares I own. However, would it not be a good idea in the case of FO to consolidate the shares when they are trading north of .50? A 10 to 1 reverse stock split would move the sp above the critical $5.00 per share level and make a large dent in the 500,000,000 plus shares now outstanding. I know that this speculation is premature and will hopefully be moot if some really good news comes out in the relatively near future. I would very much appreciate any comments from others on this board.

Thanks,

Doc

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