"Yesterday shareholders authorized the Zalicus Board at the annual meeting the discretion to affect a reverse split. We may have to use that authorization this Fall, as maintaining our NASDAQ listing and good standing is very important to us. The timing of the various scenarios that one could speculate on, as you suggest, have yet to play out."
Gar: The longer I think about it the more I feel that if something doesn't move us above a buck fairly soon they should go to the RS ASAP.
The market has a short memory and the sooner it becomes a non-factor the better. I unlike most others do not believe there will any thing more than a short tem, and very minor, reaction to a RS. JMHO
Jim Long and calm
Sentiment: Strong Buy