InvestorsHub Logo
Followers 19
Posts 1082
Boards Moderated 0
Alias Born 03/09/2014

Re: SPORT19 post# 54260

Saturday, 05/20/2017 6:21:38 PM

Saturday, May 20, 2017 6:21:38 PM

Post# of 140510
I don't think doubling the shares kills us. It lessens the gains for us, but does not kill us. None of us want it for sure. An uplist just gets more eyes looking at us and improves the shot at increased PPS based on legit milestones and possible warrant money. Also improves the chance that an investment banking firm may invest large blocks up front. Instead of the 5-7 million BS, a chunk of 25 million that will carry us through several milestones and possibly to FDA submission. Also a better chance that a partner is on board to play. If we are diluted to 400 million SO, or 20 Million SO after a 20/1 r/s, the overall worth of the company will be lessened per stock issued, but not lessened. Of course we all want the highest pay day possible.... so the less dilution the better. But we will have more. Hopefully less and more effective with a r/s