I disagree with selling before the reverse split is implemented. Now, if CDNL was a POS company doing a R/S then I agree. However, if CDNL turns out to be what we all believe it to be then the R/S is heaven sent.
A R/S is a Zero sum game. If your stock is worth $30,000 just before the R/S happens and the next morning the R/S adjustment is made your stock is still worth $30,000. You may have less shares but so does the OS count.
Now for the GREAT news for a Great company that just went through the R/S. We are talking approval to Nasdaq and if these Redbird systems are better than sliced bread and revenues are pouring in and growing with each passing Quarter then now you have Mutual Funds that can invest in CDNL because the PPS now meets the requirements that the funds have, whether it's $4 or $5 per share that the stock price needs to be trading. So then there will be Much, Much more exposure for CDNL and a Hell of a lot more investors willing to jump in.
Now this of course is forward thinking and what all of us invested is hoping KJ will succeed in doing for CDNL!!!!
