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Alias Born | 03/24/2016 |
Monday, April 25, 2016 7:52:34 PM
I got out because of the impending reverse split and the increase in authorized shares that they clearly intend to use... I am confused as to how others continue to play this stock long. Are you going to hold through the RS? The intent seems to be to shrink the outstanding share count and then issue more shares at a higher price to finance further growth and possibly facilitate an up listing to the NAS. I get all of this and applaud the company for the intent to strengthen the company and orchestrate further growth. No problem....
But...it appears to me that this will be at the expense of the common stock holder. We are talking RS then dilution. Please explain some of your ideas on how to hold long through these changes and come out on the other side with a smile. I am reading all over the place that there are grave concerns about this strategy being a benefit for the common shareholder.
Why doesn't trtc just let the company increase in value over time and let the outstanding share numbers ride? I mean if there is that much money on the horizon why the RS?
At $2 with the current share count the company would have nearly a billion dollar market capitalization. Believable???? If so why the RS?
Please comment on your strategy to ride this stock upward. They clearly have a great future, but... is now the time to sit out for awhile until these changes take place?
CH
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