Posted by: Underdog Investments Date: Tuesday, September 22, 2009 2:54:08 PM
In reply to: storm12 who wrote msg# 34238 Post # of 34255 [Send a link via email]
Hello, All. This is my first time to the GETA board. Still doing my DD on GETA, but it would seem to me that there is no need for a Reverse Split, as the Sep 4th deal for 5BN shares gave them the money they were looking for. My guess is, and it's just a guess at this point, that those shares are being registered as we speak. So, within the next couple of months, either things are going great for the company and it does soar to several dollars a share and those lucky bastages who did the private placement, are then sitting on $15BN+ worth of stock and then this thing explodes, because they bring in all the right people and push it incredibly hard, or it doesn't go so well and they start selling off their 5BN shares making their money back and then some. In either case, we have quite some time before the company would be in a position to actually consider a RS. IMO, anyways. Please correct me if I'm wrong because as I said, I'm still getting to know GETA. |
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