Sun, Nov 23, 2014, 8:32 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

IntelliCell BioSciences, Inc. Message Board

  • art.condor art.condor Mar 9, 2011 4:20 PM Flag

    RE: Cheap Shares

    It was I that that threw that 1 for 100 reverse split out some time ago. Although not unheard of, it was a number to use as an example.
    In reality, the split at .015(today)would need to be around 1 for 66 to bring it up to $1.00 in order to be listed on the Nasdq or Nyse.
    So, my 400,000 shares would shrink to 6000 with a value of $6000.

    Why is a reverse split bad? In most cases it is a last resort to attract investors.However, in many cases the higher price proves to be temporary as the shares once again slip into penny-stock status because institutional investors will not invest in a stock under $5.00. At $1.00 there is no doubt that millions of shares will be offered, further diluting your remaining handful of shares.

    At .015 I am not worried about a split. With 249M shares out there, when near 10cents/share, the time will come. We need to remember that management did not pay for their shares-most were awarded.

0.00020.0000(0.00%)Nov 21 3:11 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
GameStop Corp.
NYSEFri, Nov 21, 2014 4:04 PM EST
NYSEFri, Nov 21, 2014 4:02 PM EST