DarioHealth Corp (DRIO)

[Posiden]

I agree with you on the reverse split, jimmenknee. If this were a 1 dollar stock doing a reverse split, it could (in some fine exceptions), have a good outcome. Since DRIO is currently in pennyland there is much more negativity attached. The only hope for a profitable reverse split, would be for labstyle's to release groundbreaking news before the r/s or immediately after. Chances of this happening? Very unlikely.

One of the things I really dig about Labstyles thus far is that they don't really seem to want to waste any time releasing fluff PR's. But on the flip side, it seems like they could at least strategically release some news right now to drive up the pps in preparation for the reverse split. I get the feeling they could give a rats ass about current share price action, because they are working for the greater good of getting dario to the masses and a high pps will come organically if their dream is realized.