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GraphOn Corp. Message Board

  • jeeree234 jeeree234 May 6, 2013 12:18 PM Flag

    No Reverse Split!

    Have never ever had one work out profitability. Many times it's the kiss of death for shareholder value.

    Graphon needs to make money first. Assume a 1 for 10 reverse split . Now the shares are $5. If GOJO makes a penny a share the PE would be an unacceptable and unsustainable PE of 500. But the company presently doesn't make any money so you can imagine how fast that $5/share would drop.

    This shoulldn't even be up for vote until Graphon can show some greater revenue and profits. This should be clearly a "NO" vote.

    Comments welcomed.

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