Thursday, July 13, 2017 3:44:05 PM
I hate to say it but honeycomb makes some valid points. If they do the RS at $0.11 PPS It will take a lot longer to get back to break even (for me it would be at a PPS of $9.10). That sucks. How long will that take a decade? And that's assuming the price rises. The more likely scenario after the uplist is shorts and price deflation due to dilution and no revenue from sales. So it will turn my 65% loss into a much deeper one. I can't blame anyone it was my choice to invest. The best thing for us waiting this storm out would be to try and rally the PPS up before the RS to limit our losses. But management probably perceives survival resting on the uplist and can't afford to wait the prices up. The uplist is definitely needed to attract the investors required to get to market.
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