Thursday, April 24, 2014 8:48:52 AM
Were in the Hot Sector Cloud Computing!
http://www.axiologix.net
Im glad were now going to be UPLISTED!
NASDAQ
These are my opinions
$AXLX and TNKE with Cloud REVENUE! 22 MILLION $$$$$$$$
Benefits of Reverse Stock Splits
The primary benefit of a reverse stock split is that it makes the price more attractive to buyers. Reverse stock splits are most frequent when the price of a stock is less than $1. Besides being a negative psychological factor, many mutual funds and other institutional buyers are prevented by regulation from purchasing stocks trading below $1 (or $5 in many cases).
Companies sometimes have to undertake a reverse stock split to avoid being delisted from the exchange they are traded on. Most smaller companies are listed on the NASDAQ exchange, and the NASDAQ has a $1 minimum price.
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