Tuesday, March 22, 2016 10:50:20 AM
How is Bob going to pay for this? I have reached out, yet again, for assurance, that corporate action will not be needed. He has not responded!
The KILLER in these plays is always fund-raising! He can reverse-split with no warning, no notice! All he did was say nothing imminent, and that was nearly a month ago.
Who is to say, he won't reverse the outstanding, prior to any material announcement?
I have made BIG money on these plays! I have also been DECIMATED by reverse splits, prior to huge announcements!
I have reached out to Bob for further reassurance and he is silent!
Good luck. I would buy another 100M if I felt confident he would honor his word, but the lack of response has me worried!
We can wish for a run, ALL we want. But if the run is to .50 after a 1/10,000 reverse yielding a market with no liquidity, for a subsequent drop to .0001 what's the point!
It's great for the acquisition companies, as they get shares. It's great for Bob, as he gets funding! It screws each and everyone of us, as our investment is worthless! You want to make money? Better pay attention to the impending corporate action....which is really, the only killer in these high float plays!
Very little room for Bob to play. Some high floaters run....some! Most get diluted before it happens.
Get on the horn to Bob before you proclaim .002. We may get there...but without reassurance, we may get there with $4 worth of stock!!!!
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