Now, this RS talk is ludicrous. I do not even want to have to address this but I have so that we can all completely condemn the idea
1.The difference in a r/s of say 100 at these levels vs at fair market place value is astronomical
Current:
10B shares and .0001 --> 100M * .01 = 1 Million market cap
10B shares and .015 --> 100M * $1.5 = 150 Million MK
2. Building on this, IFCR would at the very least, wait till acquisitions are finalized. Therefore, their revenues, share price and corresponding Market Cap would be significantly higher.
3. The purpose of a r/s is to uplist. And the NASDAQ requires a share price of $4 (even Amex requires $2) to uplist and therefore the r/s could only occur above a nickel to move the stock to the NASDAQ.
Overall, IFCR will only R/S when they plan to uplist. Remember the higher the pps at the split, the higher the corresponding market share will be post split. Therefore IFCR will wait till the share price is as high as possible to maximize the post split market cap. For a stock that has held share prices steady over a dime for years in the past, a dime would be the absolute minimum level to perform a r/s at. However, that was back when debt was around 20M and the company was not profitable. Imagine that! Now, we are profitable with negligible debt and pending acquisitions. This stock has no ceiling!
AI
