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Axion Power International Inc. Message Board

  • paulfingspears paulfingspears Jul 7, 2013 6:49 AM Flag

    A Reverse Split is the only smart course 1 for 100

    At this point they need to make this stock attractive for the larger investment community. IMO the best course to ensure the ability to raise capital and maximize shareholder value is a reverse split of 1 for 50 or 100. At this level the share price would be high enough to up-list and perhaps get some legitimate market press/analysis aside from jokesters like Petersen and folks on this board.

    Some will claim that this will further decline market cap. Market cap will be harmed more by each of the 9 months that ticks by without this plan being executed. Without this step there will be no future for Axion in 8 months.

    Those who disagree will make rosie claims that the "big order" is coming soon. If it is true that a big order will catapult us to profitability before time runs out, then the stock and market cap will explode regardless of the split with no harm to shareholders.

    If it is not true and the Axion Directors fail to act now, financing and institutional investing in Axion will be nearly impossible.

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