![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, November 27, 2014 2:01:07 PM
However, everything they do, they do with the intent of eventually uplisting to a larger exchange. It would not be inconceivable to see them do a reverse if it were for the sole purpose of adjusting their price to qualify for an AMEX or NASDAQ listing. They would also probably follow the advice of whatever middle tier investment banking firm was sponsoring them and would take their advice since once an uplisting occurred, that firm would most certainly put out a buy recommendation.
Unlike most OTC companies that live off of the sale of stock or are in the business of being a public company and issuing shares to give themselves a paycheck, this company has real plans and a very bright future.
I know in today's age 99% of reverse splits are done for the wrong reason and have a negative impact on shareholder valuation. However, there are a few times that a reverse split is done for positive reasons.
If LTNC were to ever contemplate doing a reverse most assuredly they would be doing one for the right reasons. Most certainly with only 55 million shares outstanding I don't think we have to be concerned with anything.
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM