Wednesday, May 03, 2017 11:57:53 PM
However, in this case, the AS and OS are too large. A reverse split would shrink the OS, and then a reduction of AS could put the SS into a better position. Without looking, I think the AS is about 10B on this one, and that's at least 4X to high. The OS would have to be well below 2.5B in order for the AS to be reduced substantially.
I do have a few mil shares in BVTK. I am interested in the potential. But the SS is seriously out of balance and needs to be restructured. I would not be against an RS if it's in conjunction with a reduction in AS.
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