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Re: LCJR post# 2945

Monday, 09/26/2016 2:31:49 PM

Monday, September 26, 2016 2:31:49 PM

Post# of 18500
you have to look at REASONS for reverse. most often used to try to save a failing company. track record is much better when being done to uplist , get access to new/larger capital and grow company, which is the case here, imo. i have been through

yes ALL existing investors, large and small and including management, will likely eventually be "diluted" in a reverse when new investors buy in ( assuming the company is not commensurately reducing authorized shares, which i think unlikely). but the VALUE of everyone's shares will not be affected unless pps declines, just as if there were no reverse.

though just a guess, i would think if reverse done at .20, we'll see 1:25 ish, if at .30, more like 1:18ish. think management wants to be at $5ish post split...imho....