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Re: PINKribbon post# 77984

Tuesday, 11/07/2017 10:19:48 AM

Tuesday, November 07, 2017 10:19:48 AM

Post# of 144814
I think a more likely scenario is one in which the recent announcements would predispose the stock to selling pressure, lightening the impact of an oncoming XX-1 reverse split. From a business financial perspective, I would be contemplating and perhaps calculating my move in that regard. Lay your cards on the table in order to establish a post-selling base, then navigate a reverse split with increased sustainability, then leverage the newly established PPS to secure relationships/funding/deals (which are possibly already impending and contingent upon terms similar to those I'm speculating on). Follow that with news of substance. Done. That's precisely what I'd be thinking. It's not exactly all peaches and cream, but it's a sound alternative.

I should add that I have been seeing the likeliness of a reverse split for months now. I'm not one to fear such a thing, as it's only numbers being moved around. I don't care how many shares I own as long as the value is commensurate with my holdings. I suspect that the above mentioned scenario would enable the company to move forward and potentially yield gains in PPS. But that's still not the reason I hold my position. I hold my position because I can see the forest through the trees.
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