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CEL-SCI Corporation Message Board

  • jdust1948 jdust1948 May 13, 2013 2:27 PM Flag

    Just got my proxy.

    On it is a proposal to give the company authority for a reverse stock split of up to 1 for 10, and a proposal to increase outstanding shares to 800 million. Both will pass. So if you thought your stock price couldn't fall more than 25 cents, it can. If a reverse split puts the price at $2.50, it can fall right back down to 25 cents, and it very well might if the increase in authorized shares massively dilutes the price. Good luck to all longs, and I mean that. You're going to need it.

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