Genta Incorporated (GNTA) released today proxy statement of upcoming reverse splits of its outstanding common stock: […]The Special Meeting will be held for the following purposes: To authorize our Board of Directors to effect up to two reverse stock splits of our outstanding common stock, with each reverse stock split having a ratio ranging from […]
What was once a cute story below $0.10 has been blown out of proportion as shares of GeoBio Energy, Inc. (OTC: GBOED) peaked over $1.00 in trading on Thursday. Shares have continued to climb while volume has been receding. As every 9th-grader knows, this is a bad sign. As of the 2:30PM EST mark on […]
GeoBio Energy, Inc. (OTC: GBOED) is a house of cards that is about to crumble. Mark our words. On December 2nd, the first post stock-split day of trading, shares opened at $0.065, down 88% from the split-adjusted $0.55. The 1-5500 (yes that’s five-thousand five hundred) reverse split left shareholders devastated but reduced the number of […]
