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Re: UpYourz post# 13633

Wednesday, 06/20/2018 11:06:04 PM

Wednesday, June 20, 2018 11:06:04 PM

Post# of 82669
The bad thing about proposing a RS or saying ahead of time that there will be a vote to RS is that these moves kind of make a RS a self fulfilling prophecy. Once people hear of the RS, they usually get spooked and this causes the stock price to go down, thus causing them to go through with the RS in an attempt to bring to stock price back up for uplisting.

The thing is, if they would never propose the RS to begin with, this stock will RISE on it's own to a level acceptable to be listed on the Nasdaq, and a RS would never be necessary.

This is an excellent company with a blockbuster product and a bright future. I just wish management would come out and clarify the whole RS thing, or better yet, take it off the table and watch the stock climb on it's own merits.

I am not selling my shares for now. I am holding however if a RS becomes imminent, I will sell before it happens and buy back after.