Originally Posted by
winagain35
Assuming the SEC is going to start doing its job and also assuming that the uptick rule is reinstated, I think a reverse split would be a positive for us.
With 3.8 billion shares, and possibly soon to be 6 billion shares if Malone gets his 40% we will never be able to get out of penny jail. It's just too easy to manipulate. If Mel announces a reverse split along with some kind of positive refinancing news I think we'd get some momentum.
With shares in the 5 dollar range we'd attract more new investors... the stock would be marginable, and the options would come back into play.