Consolidation in the works?
posted on
Jan 14, 2008 06:25AM
I was thinking that this stock has sunk to almost no value at 9.5-cents per share and they have printed like 300million shares outstanding and they have litterally many more millions of warrants and options out as well and they really have no alternative IMHO that they will inevitably decide to consolidate their shares so that they can continue to do private placements to raise more money to see Pennsaid get to the U.S. market. Management has run this company into the ground in my opinion