Broadside Enterprises Inc. (BRSE)

[Smilin_B]

Back in July 2017 BRSE reverse split at a ratio of 1:1000

The stock was trading at .0002/share.

The split was engineered to open @.20/sh

Charlie Flynn made reference that it was headed to $1 a share, remember?

The shareprice collapsed below .02/share. It makes no difference who specifically bought shares there or how lucky they were to watch the stock trend higher up to the .40's

From July '17: "Over the last year and a half, Broadside has faced many challenges, said Christopher Petzel, Chairman and CEO of the Company. We believe that this change of our capital structure is a vital step towards closing our next acquisitions and obtaining the necessary financing for our future success."

Can someone kindly inform me how performing a reverse stock split and "changing" BRSE's capital structure was a vital step towards closing their next acquisition and obtaining the necessary financing for their future success??

BRSE is trading under .10/share now.

Of what benefit (specifically) was the RS to the company or it's shareholders?