re: looks share price is falling < It did the reverse split to...

re: looks share price is falling
< It did the reverse split to remain listed on the Nasdaq......and ITS still under $1 >

You are covering some "old" ground, once again, I see ....
LOOKSMART did a reverse split to allow for the option of a Newscorp "controlling stake" buy-in, to happen ......

You have been told before ...... Without a reverse split ..... it could not have taken place!!

Looksmart now have 200M shares (as per their charter) and a little over 23M (only), as "issued" shares.....

Guess what some 33M odd, (or, so) of those above "un-issued" shares are "reserved" for????

Yes, it's called ......A "CONTROLLING STAKE" !!!!

smuggs .... I now hold over 35,000 shares and won't be selling one share, until we get to the $30.00pps level, here on the ASX.

Now you continue to "bash", as much as you care!! I'm simply, 'luvin' it!!

Haven't a "clue", have you???

LOL !!

Oh .... Have you been "ordered" to "bash" hard, again??