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Dallas66

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Dallas66

Re: SilverNick post# 2479

Sunday, 09/11/2016 12:27:04 PM

Sunday, September 11, 2016 12:27:04 PM

Post# of 2553
they REDUCED the number of shares with the reverse split. Logic is...they want to look more attractive to institutional investors to hopefully get big investors that will stabilize the SP and portray themselves as a solid investment....the more money big deep pockets have in a company...the better the company looks for the most part. Also...the less shares in the float...the bigger the div...as long as they continue to make money...in theory.
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