Wednesday, May 31, 2017 7:57:25 AM
Looks like some folks don't understand some finance basics, especially when it comes to ownership percentages vs quantity. Makes zero difference with ownership % or with regards to how the stock would be able to move after a R/S or with respect to dividend yield. None at all.
And the bigger point about this whole discussion is that THE COMPANY HAS SUCH IMMENSE POTENTIAL that this is even being discussed. Rocket said they should consider this when (IF!) the stock price reaches .75-1.00. Does everyone understand that? And people are still worried about a R/S? LOL!
Believe me IF the company chooses this route, everyone will understand why they are doing it and it could garner similar attention to many of the hot IPOs. The attention would be insane, especially with exciting concepts like Snakes and the #1 solution for Cannabis.
I TOTALLY AGREE WITH ROCKET. The Nasdaq would be tremendous for the company and would open them up to real institutional investors and exposure with the likes of Starbucks, Panera, Dave & Busters, etc. They simply will not get the same level of investor or market coverage staying on the OTC.
And my last point is it is not realistic to think the company can grow into a $4 share price. Just not going to happen no matter how well they do.
But back to a point I made earlier THIS IS ONLY A POSSIBILITY IF THE COMPANY IS FIRING ON ALL CYLINDERS AND THE SHARE PRICE IS NORTH OF .75!!!!!
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