Re: HUNTINGTON-L
posted on
Nov 15, 2007 01:14PM
DP said it would not happen and we all know in the majority of cases it is used as a last ditch effort..............We are growning , so IMO we need to drop this conversation..........
The Board of Directors is aware that a reverse stock split may be a strategy to be considered to achieve an increase in the share price. However, such action would not be prudent in the absence of adequate assurance that ongoing business developments would be sufficiently positive to keep the shares trading near or above the new market price achieved by the reverse stock split. Such action is not being considered at the present time.
http://www.ptsc.com/news/press_releases/2007notes.asp
Be well