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Neither one is applicable here.
R\S or no R\S. I don't care. Same ROI potential.
Keep in mind the 10K is for March 31, 2017. A month and a half has gone by since then and we have seen notices that there have been share distributions since then. Seems like a lot of cost, thought, and effort has been put into this merger just for it to not happen.
Monday!!!!
Monday!!!!
6.4M for salaries up from 2M "primarily for new hires".........hahahaha. Run from fro this POS as fast as you can
60 days for merger is BS
SPA Closed. No RS.
Plain as day. SPA closed. No RS.
RS supposed to happen immediately back in March. It didn't so no RS.
Any talk of RS is BS
R\S is BS
Is there any other choice??????
So you have seen a level 2 BMAK ask with low share count?
I doubt that Oncolix is buying back shares since technically there is no Oncolix at this time.
Assuming there are shares to buy correct?
How would theyreduce O\S shares?
Many requirements for NASDAQ as you pointed out. R\S just to attain the minimal PPS for listing on NASDAQ is only the tip of the iceberg. I don't see a reason why they would perform a R\S in the near future.
Great update! Thanks for sharing!
Are you referring to the 311,000@.048?
What huge bidder? I thought I was a huge bidder :)
Thank you!!!!!
GRRRRRRRR!!!! Wish we could go 1 day without mentioning R\S. Can anybody declare tomorrow a no mention R\S post day :)
Absolutely 100% correct. I expected a bigger plunge today.
And don't mention "reverse split"....people on this board will go nuts :)
Awesome!!!! Hope this one turns out just as well or better for you.
Wow! ETRM went from about $2/s to $27/s in 10 days after the split but has since tanked, but it is important to note that it did increase a lot after the split. Thanks for the info.
TIME TO CLEAR THE AIR ABOUT A POTENTIAL R/S FOR THOSE OF YOU WHO MAY NOT BE FAMILIAR WITH REVERSE SPLITS:
1) YES A R\S IS A POSSIBILITY.
2) NO, IT WON'T HAPPEN OVERNIGHT OR HAPPEN WITHOUT NOTICE OR WARNING BECAUSE OF RULE 6490. PLENTY OF TIME TO SELL YOUR SHARES IF IT HAPPENS!
http://securities-law-blog.com/2015/03/10/sec-supports-finras-rule-6490-authority-corporate-actions/
Effective September 27, 2010, the SEC approved FINRA Rule 6490 (Processing of Company Related Actions). Rule 6490 Rrequires that corporations whose securities are trading on the over-the-counter market (OTCQX, OTCQB, or OTCPink) notify FINRA in a timely manner of certain corporate actions, such as dividends, forward or reverse splits, rights or subscription offerings, and name changes. The Rule grants FINRA discretionary power when processing documents related to the announcements.
Rule 6490 works in conjunction with Exchange Act Rule 10b-17. Rule 10b-17provides that “it shall constitute a manipulative or deceptive device or contrivance as used in section 10(b) of the Act for any issuer of a class of securities publicly traded… to fail to give notice in accordance with paragraph (b) of this section of the following actions relating to such class of securities: (1) a dividend or other distribution in cash or in kind… (2) a stock split or reverse split; or (3) a rights or other subscription offering.” Section (b) requires that notice be given to FINRA “no later than 10 days prior to the record date involved.”
Just like baseball....you got to strike out a few times before you hit a home run :)
Nice buys right at closing.....200,000 shares pushed us over 5 for the day....looks like we have some believers now!!!!
Redman won't answer your question about R\S and so it's "obvious" to you that it's coming.....hahaha.
That is the farthest thing from a definitive answer as you can get. No comment doesn't mean R\S is going to happen or not going to happen. Keep sitting on the sidelines waiting for a R\S while the stock keeps going up.....then the boat is out to sea and you are still sitting on the dock.
Heads up! Daytraders swooping in looking for a little chump change
In Redman we trust!
5's soon!!!! Probably today :)
Damn! Missed the boat :( 3's no more :)
Ditto!!! I need more shares as well....keep them coming at .03!!!!!
And losing boatload of $$$$$ in the meantime
Wondering the same thing