Saturday, July 07, 2018 8:45:53 AM
Of course they'll be diluting, eroding any value retail shareholders have.
If Ponder's course for the company remains according to the time line give:
Goal: Complete NASDAQ up list by Q1 2019:
In order to reach minimum stock price of $4.00 if he did 200 to 1 reverse split the stock price will have to be be over 2 cents, 4x higher than it is trading today.
At current OS it would leave the company with only 1.4 million shares OS.
With such a low OS any dilution would tank the price and disqualify SGSI from a NASDAQ listing.
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