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Sunday, February 18, 2018 1:11:35 PM
Now, as the deadline for the report draws near, the rhetoric is shifting toward JBZY having a need to reverse split to attain dollars per share. If they need to reverse split to attain dollars per share, there was absolutely no significant value rolled into JBZY in Quarter 4 2017.
We can't have it both ways here, either a reverse split is not needed to attain dollars per share with current share structure after Q4 financials show billions in dollar value, or a reverse split is needed to attain dollars per share because the speculated billions in value were not rolled in.
If you believe a reverse split is needed to attain $1+ price per share, that means you also believe that there was little if any significant value rolled into the shell.
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