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Re: citoyen post# 2950

Wednesday, 09/28/2016 3:25:11 PM

Wednesday, September 28, 2016 3:25:11 PM

Post# of 18500
I totally agree with you. The reason I am 90% sure I'd sell hearing of a reverse split is not because I'm giving up on the company or feel it's some type of scam. It would be solely based on my past experiences of coming out on the short end of the stick after the split. It never worked out like the mathematics stated it should. I was left with less than half my shares at far less than what the company said it would be worth. Then it all went down hill from there as the shareholders were pissed and all sold, driving the price down even further. Sure, it could be different here, but I've been burnt three times on splits and will never take the chance again.

I think BLSP could just raise up as is. Over time as their goals are met, the shares are bought up. Especially if buyers coming in are assured there won't be a split! What did the company say they wanted to uplist this year??? They are not ready.

Anyway I've been accumulating for a few years now and want some sort of validation, which I'm sure is coming soon. That's why sometimes I post certain topics and express excitement or concern. I've been there-done that and don't want something shady happening here. I get concerned when I see selling for no reason. No, selling is not always good. We need to buy and hold here.

LCJR