InvestorsHub Logo
Followers 70
Posts 8647
Boards Moderated 1
Alias Born 04/01/2008

Re: None

Wednesday, 03/01/2017 4:00:18 PM

Wednesday, March 01, 2017 4:00:18 PM

Post# of 63744
So what is the best Reverse Split number we can hope for? 10-1 or 20-1 ? We need to stay above $1 so if we do a 10-1 at the current price 10x 0.129 that would put us at at about $1.30 still a bit close to that $1 threshold to maintain listing compliancy. And if we are lucky enough to get a 20-1 at the current price 0.129 x 20 we are sitting at about give or take $2.60 per share. Im figuring we wont ever trade below 50 million market cap so this reverse split should position the company and it's common stock to be in a position to trade higher. Thoughts anyone?

1

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.