Followers | 56 |
Posts | 2257 |
Boards Moderated | 0 |
Alias Born | 04/04/2014 |
Friday, January 08, 2016 1:29:40 PM
When a CEO states no reverse split in sight, in site means in my outlook anyhow, the next quarter.
Therefore a reduction in authorized is meaningless to C holders. It won't make the PPS rise, as generally this would be done to satisfy disgruntled shareholders, not for fiscal reasons.
That said, a reduction in A/S in ERBB's situation (from what we are aware of today) would also be meaningless. Considering they will be forced to seek out liquid from other venues than notes and the likes.
Could it be, that ERBB is going to drop most everything for now,keeping whatever assets they have accumulated over the past 24 +/- months, and focus more on selling out of storefronts? great right? Sure it is, at the same time, IF that is even close to reality, hell I could grab a storefront and peddle supplies myself, as a private company, and have a sheep ton less overhead than dealing with a public company. Interesting?
Are they headed towards going private with the brand, in order to facilitate business ventures that cannot be done due to regulations while a public company? Splitting it up? Just guessing here.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM