RE: Reverse Split in Process?

No such message found

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Larscot

Rank: President [?]

Points: 5353 [?]

Votes: 28 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

RE: Reverse Split in Process?

posted on Jan 07, 2005 10:48AM

IMHO, volume tells all - we`ve continued to remain stable at .08. Also, volume has stayed consistent.

If word were out on a reverse, we`d be seeing a fllod of shares trading (down) in anticipation.

Still, as Brian alluded, the board can do whatever it wants, probably anytime it wants in this matter.

Also, there`s expense in executing a split. Is it necessary at this point?...If Patriot were facing a buyout, would it make any difference it it was (hypothetically) 400M shares at .50, or 100M at $4? Still the same purchase price, eh?...

Unless we`re looking for a share/share exchange, and were soooooooo far out of bed with anyone else....I dont know, it just doesn`t seem realistic.