Yes, I agree, but math is the same and float reduced.

If I have $500 to invest for 500 shares, or $500 for 100 shares....I'm not saying anything you don't already know.

There's another stock/hub here that DB and I are involved in. They did a 1:15 Dec 10, 2010 and there are now 7.1 Mln O/S and the float is 3.2 Mln I think? They are on the NAZ now also, the vol is not huge but the PPS is trading mid 5's to 6.

I tend to think the "big board" stocks have a better chance of success than OTCBB & PK when they do a R/S.

And they did this:

PARAMETRIC SOUND ANNOUNCES PRICING OF PUBLIC OFFERING

OF COMMON STOCK



HENDERSON, NV, March 22, 2012 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of directed audio products and solutions, today announced the pricing of an underwritten public offering of 1,888,888 shares of its common stock at a price of $4.50 per share, for gross proceeds of $8.5 million. The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $7.3 million.

In connection with the offering Parametric Sound completed a 1-for-5 reverse stock split on March 21, 2012.

Subject to customary conditions, Parametric Sound expects to close the sale of its common stock, on or about March 27, 2012.

MDB Capital Group LLC is acting as the sole manager for the offering.

Parametric Sound has granted the underwriters a 45-day option to purchase up to an additional 283,333 shares of Parametric Sound’s common stock to cover over-allotments, if any.

This announcement shall not constitute an offer to sell or a solicitation of an offer to buy these securities nor shall there be any offer or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering will be made only by means of a prospectus, copies of which may be obtained from MDB Capital Group LLC, 401 Wilshire Boulevard, Suite 1020, Santa Monica, CA 90401, (310) 526-5000.

Now we have some dilution....time will tell.