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Re: Doctor Detroit post# 5662

Tuesday, 06/30/2015 10:01:13 PM

Tuesday, June 30, 2015 10:01:13 PM

Post# of 16885
Lets for the sake of crazy they did do a reverse split of 1 for 3 that would take the shares down to like 36 million shares with stock price of about $2 to just little north of that if the valutaions stayed the same which I highly doubt.

So now they have a $2 stock price whoohoo, but yet they still only have market value of still the same or even less. Good luck getting listed with MV of only $70 million to $80 million even with $2 stock price with no revenue or earnings to speak of.

See pages 6 or even page 9 for that matter.

https://listingcenter.nasdaq.com/assets/initialguide.pdf
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