GAC - On average the share price of a company that does a reverse split goes down 35%. Been there, got the tee shirt a number of times. I do not believe Beacon's 2% market penitration is realistic with the potential of 208. 10% to 20% to me is more realistic however I am not the one with the PHD. In the event that Beacon revises their report after SSA to somewhere around 10% then the market cap in theory should go closer to around 1X's potential annual sales. In that example, $7.5 billion. In that event you would want to have a large number of shares outstanding so that the most number of potential investors can buy more than 1 to 100 shares without breaking the bank. Look at some of the numbers golfyeti came up with a couple of days ago. Look at the ones that I came up with. Although they may seem a little dreamy now, if the top line results come in anywhere near the companies expectations of greater than 30% RRR then the explosion could be enormous. Conversely if the numbers come in under 25% RRR the share price could get GI recruit hair cut in which case it won't matter how many shares are outstanding.

I'm quite happy to sit on this and accept more dilution if necessary to get us to the point of top line results. 

With the IP no longer encumbered I would guess that the odds of getting some kind of regional deal completed that may come with some non-dilutive financing have increased a lot.

tada

DYODD