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Re: onelove17 post# 32491

Tuesday, 01/12/2016 11:44:55 AM

Tuesday, January 12, 2016 11:44:55 AM

Post# of 44107
Theres no basis to do a reverse split...If the company was going to borrow to fund the company then they might ask for more authorized shares and do a reverse split to get the price back up before they give out toxic shares to repay debt...but its clear they are not going the route of borrowing toxic money and are in talks with companies and for a partnership or acquisition to get direct or indirect funding to fund the development of C-Space..reverse splits are not done just because of the number of shares outstanding or because of a low share price alone.I definitely don't see a rev split..No reason for one..borrowing money is not an option with the market cap so low, that's a no brainer...Have a great day..
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