Elys BMG Corp inc (ELYS)

[rodgranite]

Here's what I think will happen...

This stock needs to get to and stay above $5.00 per share. Since the reverse will be somewhere between 1/2 and 1/20 the depth of the reverse will be dependent on the share price as of the 12th of Sep. The key is staying above the $5.00 mark. While getting above the $4.00 mark will "start the clock" in terms of the share price there are also market capitalization, cash flow, and number of shareholder issues.

In order to satisfy the listing requirements you will probably need to figure out how far to go to get toward your goal while not going too far so that you lose shareholders or plant the seeds of dilution in the investing community. Newgioco has a rebranding program to try and get people on board with this platform.

All of that said the main reason this is no big deal at worst or great for us at best is that Michele's wife, and by extension himself, are far and away taking the biggest haircut at first, if it turns out to be a haircut at all. Plus, this has been a 5 year plan company since at least 2015. It looks to me like they are right on time. Once I got over the initial shock and really thought about it and read this board I realized that there are good reasons for what they are doing. In for a penny, in for a pound.