"Can't fault your logic however history shows relatively few success stories associated with "consolidations" aka "reverse split"."
Very much agree. Basing all of my hope re: consolidation and major investment on this response from Mr. Love himself just a few weeks ago...
"We will only recommend a roll back to the shareholders if we believe it will result in an increase in the value of Sage's shares.
One of the circumstances could be a corporate transaction including a financing at the consolidated price."
Is we can't take his word for it then we are doomed IMO.
red911
Re: Presentation - AGORACOM Online Gold and Commodities Conference
posted on Dec 03, 09 11:43AM
We will only recommend a roll back to the shareholders if we believe it will result in an increase in the value of Sage's shares.
One of the circumstances could be a corporate transaction including a financing at the consolidated price.