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Re: chiefs1 post# 8699

Friday, 07/31/2015 8:49:39 AM

Friday, July 31, 2015 8:49:39 AM

Post# of 15432
First off DD is not going to be RS'ing any time soon thats for sure.

Second off, RS's in penny land get an extremely bad rap, and that is because they are almost ALWAYS used for the toxic funders to unleash more dilution, therefore 98% of the time they are deadly, but the company behind it was already deadly, generally RS'ing after a huge round of dilution and a tankdown into the 000s or low.

Thirdly, i will say, RS's DO work in the situation you described. IF DD got to .30-.50 by next spring, and had legit rev's and profitability, then it often times is in the best interest of the company to RS up to a $3 or $5 price level to attract the first level of institutional holdings or accredited investors and/or RS to that level to meet the price level parameter to uplist.

Generally uplist talk is BS in penny land except for like 3-5 companies a year. DD could be one of those companies if they can really start cranking out the contracts.

I am all for a RS if it means big money is allowed to buy DD and/or they are doing it to obtain uplisting requirements. Thats at least a year away i would think

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