I am certain that most of you are concerned about our recent stock price decline. It is not news to anyone that we have fallen from 35 per share to under 15 in recent trading. No one feels the effects of these declines more than me, so I have decided to take a drastic action.
At ShortBus we feel that we are truly one of the elite companies in the world. Even if the whims of the stock market away from conglomerates such as ours has pushed down our value, it doesn't change our strategy or opinion of our self worth. We have very little control over the stock price. It just goes where it goes.
No more will we allow ourselves to be compared with other companies trading in the "teens". I will be enacting a reverse stock split ASAP with a ratio of 35:1. This will put our stock on par to one of the leading companies in the market, Google. I have no doubt this will raise the price of our shares and allow us to be compared more directly with a company that we consider to be a peer.
When this strategy is successfully executed, we will investigate a similar move to get the share price in the range of Berkshire Hathaway.
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