Superior Oil &Gas Company (fka SIOR)

[Investor57]

Iam posting at the request of a SOIR investor and long time friend. I have for the last 40 years made my living investing and advising clients on investments. I work for a large firm on The Street. My friend and your fellow investor ask me to comment on Superior, relisting and the possibility of Superior once relisted doing a Reverse Split.
Iam not in favor of ever advising a company to do a reverse split as it usually sends negative comments to investors. However; I do understand the thinking behind a reverse split at times. 1. Get on an exchange.2. Draw in investors with more stocks shares available. My advice would be if Superior is to consider a reverse split is to wait at least 6mo. To a year before doing one and do no more tha a 2 for 1 split. This signals to investors that the company is not desperate and that their business plan is working. Good luck to all.