InvestorsHub Logo
Followers 2
Posts 99
Boards Moderated 0
Alias Born 07/29/2016

Re: DCorleone post# 16455

Friday, 09/02/2016 5:57:41 PM

Friday, September 02, 2016 5:57:41 PM

Post# of 29042
Don't forget that the CEO holds the majority of the 916K preferred shares. I am sure he would like his dividend paid and get his $25 back.

I have a feeling that the CEO will buy his 5% of the common before the end of September (according to his announcement). Reverse split will only make sense if that gets the stock back on NASDAQ. I am not sure how realistic this is in the near future.