Followers | 124 |
Posts | 6415 |
Boards Moderated | 0 |
Alias Born | 02/07/2017 |
Sunday, March 18, 2018 11:08:05 PM
But let’s look at this. Someone told me earlier that the CEO has 65% of the shares. Well... after a reverse split he would still have 65% of the shares. Someone else has stated that the companies major objective is to move up to a better exchange. Well... the math is simple on that. The less shares they have, the easier it will be for them to move up. I also heard someone say that the CEO does NOT care about penny stock investors. That’s concerning.
Currently they have like 750 million shares out. To get on NASDAQ they would need 4$ a share which would give them a market cap of over 2.8 BILLION dollars. Who here thinks that’s ever happening?
So I’ll repeat my question. Has anyone confirmed there will absolutely be no reverse split? Because if they don’t care about penny stock investors and they want to move to a higher exchange.... a reverse split is a no brainer.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM