InvestorsHub Logo
Followers 45
Posts 2142
Boards Moderated 0
Alias Born 09/09/2014

Re: None

Wednesday, 03/30/2016 12:05:59 PM

Wednesday, March 30, 2016 12:05:59 PM

Post# of 16385
It would be nice if they don't follow through with the reverse split. I know some of you think we need it, and it would help make the float smaller, but do you really want to have to build your position again and then watch it sell off from 25 cents or whatever after the reverse split?

I can guarantee not many investors would buy at that price. What sets Mondial apart is the low share price, which will be gone once the reverse split takes effect.

I have a feeling though we will see .0001 again either way. Makes me so frustrated that the board of directors thinks it is a wise decision to ruin everyone's position and then have the stock massively sell off once the reverse split takes place.