Sorry but I must disagree with yo on this issue.

I feel sorry for all of the SPQ shareholders who did not go for the reverse split. Sometime they work. Especially when you have hits in the ROF. Look at WSR. Were it not for the economy their sp would be very high simply because they are here in the ROF and have an excellent position.

Shares out would have been less and it would have cost them less for the PP and for more money.

WSR have hits and good ones under their belt. IMHO their revers split worked. They are at .41 now i think but will be moving up significantlly soon.

SPQ will take a day of trading to move a penny. That is unless a major moves in. It appears that something is going on.

If they are preparing the ground for the Majors then they need the money. If a major moves in it will still be sold for what its worth its just that thee ae many shares to share the wealth.

I feel sorry for the SPQ share holders who unwittingly went along wit the vote NOT to do the reverse split.

Any proponents who fought it? i have no sympathy for although they will make money anyway. just think how few shares they would have had to give away for a pp for more money if they had done an R/S??

These majors are arriving i the nick of time because IMHO many of the significant plays have high shares out.

Don