Thursday, November 16, 2017 10:41:07 PM
"As far as a reverse is concerned. I’m not required to promise you anything, but as I have been telling anyone who has asked. A reverse is not contemplated at this time. I do not WANT to do a reverse. I think the price, though not very attractive, still gives many an opportunity to make some bread on a substantial up-swing. I understand you think it has to happen based upon your experience and I recognize that because the stock price is so low and there are a lot of issued and outstanding shares in the market that you believe it must come to pass. It is true that if the stock reaches a point of no bid and the company becomes completely stuck in the mud with nowhere to go then MAYBE that is what has to happen. But that certainly is not our position or belief TODAY nor has it been our position in the past. I have also told anyone who has asked that a reverse outside of that concept WOULD be contemplated with the RIGHT acquisition. We actually have something like that in mind. Something with large revenues and assets that would warrant a reverse to see the stock grow. That COULD make sense. Something that could give us the ability to potentially up-list would be attractive, but it can’t be some fly by night company or idea—that just wouldn’t work and I’ve seen many companies try it and they ended right back where they started. So, it needs to be good. A reverse for any other reason does not make sense unless the company actually loses all investor support and goes to no bid. But the company has a lot going on so I do not think that will happen".
He's preparing the shareholders for what's about to happen.
Good luck!
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