As Imperial Capital were unable to assist:
I think everyone's aware that we have for more than a year employed Imperial Capital as an investment banker to help us identify M&A candidates and provide some feedback to us relative to what's going on in specifically the security part of the market at the government level, which is one of their areas of expertise. And I personally have challenged them to find an example of a company that has successfully and sustained a reverse split and pulled it off successfully in the market, and to date, we haven't been able to find one.
So what I had hoped for originally when considering this as a means of getting ourselves to NASDAQ was to basically hold that company or those companies up as a model for us to facilitate a reverse split, and we don't have one.
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I humbly suggest you take a look at KIT Digital, Inc.
http://www.reuters.com/article/pressRelease/idUS139158+09-Mar-2009+MW20090309
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=kitd
Be well
