Wednesday, June 25, 2014 11:25:29 PM
Now if you had institutional investors come in and buy in 100,000 blocks it might move but....institutional investors won't buy stocks under $5.00 a share or some will limit it to $4.00
Also to get on the NASDAQ or AMEX you have to have a share price of $3.00 for 30 days straight I believe to list on there.
Soooooooooooooooooooo that is where the reverse split comes in. But they still have to get the share price up to around .10 cents a share then to do a 1 for 40 or 1 for 50. Or if they might do a 1 for 30 to get it to $3.00
And yes as i told you before the CEO told me they would do it when the time was right.
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