Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I've witnessed this with this company 3 times now and people will still pump this stuff later.
This pig is done. Pack it up.
Timberrrrrr!!!!
Dropping like a rock
I see this trash is still trash
LMAO!!!
Checking in over here. Same 'ol bs I see.
Anyone else notice how every stock that had a decent run lately has fallen the most? I think big money is trying to run retailers out of the market.
Be my guest. I'm pretty sure she knows you. Gotta know who to write them checks to
You have a blast. Aside from responding to your jokes I could care less. There are plenty of other recruits out there though. You're doing a great job. ??????
LMAO! Wait for it.
No need. No interest. I won't be on the call.
No need. That parts been proven. Now we're going to watch it happen again.
Reverse splits are legal. There's no if. By your definition , you were wrong here.
LMAO! They lied. Plain and simple. You don't regain compliance on the pink sheets.
This trash is headed straight for the dumpster.
Welp. Looks like you were right. This pig is going bye-bye.
Preliminary results.
Again you're still buying what they're saying. Not I. But I say again. Let's just see what happens.
You lost money right? Get over it. There's no sense arguing over what this company is going to do unless you're STILL losing money. Whether they get delisted, R/S, or find some other means to raise the money it is what it is.
My bet is on RS, but we shall see
Oh and trust they understand EXACTLY what they are doing. It doesn't always benefit the retail investors pockets.
Yeah you have a lot to learn. It's a lot to read, but the bottom line is you have to be careful of what information you share via email. But hey, it's great information right? I mean people are selling off in droves now.
https://www.sec.gov/rules/final/33-7881.htm
No insult is there unless you really believe these companies are going to provide you inside info to post publicly. That's dangerous and since you posted that the pps has dropped. I doubt you're the only one posting this since I've seen the same thing on other boards.
They can disallow by doing a R/S. If you think these companies are going to give you the inside scoop on their plans via an email to post publicly you're delusional. Such an action could affect the stock price one way or the other and could trigger an investigation by the SEC.
It will be interesting to see what happens tomorrow. If be surprised to see them allow themselves to be delisted with the amount of momentum they can have long term.
Did you sell at this loss?
Agreed. It looks like they're pretty much just getting off the ground with a boost from the ruling. The problem for current shareholders is the timing of compliance. If they can't produce something that sends this share price into orbit or the next week there's going to be an R/S.
They're on their extension now. That's why Aug 22 is in play. You don't get indefinite extensions.
https://www.prnewswire.com/news-releases/nasdaq-accepts-evofem-plan-to-regain-listing-compliance-301519681.html
True lol. Bottom line this quarter could be the big one if sales continue to grow and they can report success from trials. I expect some pain to retail holders before then though.
Probably because it's about business and not gender.
Yeah that's the challenge. If they can increase and hold over $1 for that time then great. Otherwise it's R/S.
Reverse splits are not illegal. They just don't benefit retail investors normally for those who held long before the split. Some companies have in fact used the excuse of attracting bigger investors as their reason as well as getting the SP back in compliance. That's the reasoning this company approved one back in May.
You contacted the company and they told you this?
Interesting.
As for the rest I guess we'll see.
The hype is over on this one. I'm pretty sure they're going to R/S to attract bigger investors. That's the excuse normally used.
LMAO!!! Just stop.
It's not vague. It's BS.
The whole market is being dragged right now. Please stop bs'n people.
Ibio 505 -
1.
an amendment to our Certificate of Incorporation, as amended, to effect a reverse stock split (the “Reverse Stock Split”) of our issued and outstanding shares of Common Stock, $0.001 par value per share (the “Common Stock”), at the ratio of one (1) share of Common Stock for every twenty five (25) shares of Common Stock (the “Reverse Stock Split Ratio”), such amendment to be effected after stockholder approval thereof only in the event the Board of Directors still deems it advisable (the “Reverse Stock Split Proposal”);
This is going to happen. Now if they can get something big going then it might get just a few people to break even. Maybe.
Otherwise if it's so great then the SP should move up from here without a r/s.