Now the company can dilute shareholders by selling shares to any fool fund that would be willing to buy them. The new money is needed to pay for management salaries, expenses and benefits. This new stock will slowly drift down as the losses pile up.
And now the stock is trading higher than $2.70 where it was when I started posting here. And all it took was a 7:1 reverse split. And it feels like the good ole days when OCLS could pay some obscure blogger for a puff-piece and see the stock rise 15 cents. Of course that is only 2.5 cents in pre-consolidation pennies, but this company has always been about promotion. I wonder how long before it is back below a dollar.
Inger, There is a new fluff piece out today from a Ms. Sands on Minyanville----she had so many false statement in her piece that I stopped reading after she claimed the recent management shake up was a positive.....DUH! Hodgi apparently wasn't doing the job and Schulz the Puppet is going to turn things around. Then claiming that Cheryl Bongiovanni was a medical doctors.......oops! Just one more lie as she 'ain't' no medical doctor.