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Re: None

Thursday, 05/25/2017 10:56:22 AM

Thursday, May 25, 2017 10:56:22 AM

Post# of 51845
If it is a goal of James Haas' to upgrade to another board, he'll have to really double down in the financial reporting end, and perhaps this accounting firm is just what the doctor ordered.

I'm not sure how the SEC deals with a certain matter, but should a dollar per share sustained be a prerequisite to an upgrade, for Haas to attempt the achievement with a bit of chicanery through an r/s [say, 1:10 or 1:20], it would likely backfire, even if the markets let gave it a pass to a dollar.

Many investors would likely see through the stunt, and mm's would surely take the stock back down in short order.


In other words, one would hope Haas uses his noggin and doesn't even consider such a tactic, even if it's a shrewd one.

Perhaps someone else here has more historical or legal insight on this matter than yours truly. I'm listening.

Loyal