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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: Shareholders Rights Plan - By Kelsee

So then, the Rights Plan as adopted last year (2009), is intended to ensure we have time to properly consider any take-over bid and to seek alternative bidders. This is done by the issue of one Right to one share more, for each share held by a shareholder.

In other words, potentially doubles the outstanding share count. Is this too remote a possibility to be taken into consideration as a reason to reduce the share number by a reverse-split?

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