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Re: Whatsupp post# 153

Friday, 09/07/2018 7:33:58 AM

Friday, September 07, 2018 7:33:58 AM

Post# of 479
A reverse split ‘WILL’ happen? No one can predict the future, unless you have insider information. One of four things needs to occur if the NASDAQ sticks to their required up-listing criteria, and IOTA pursues up-listing. A reverse split, share appreciation, no up-listing or NASDAQ does not follow their criteria and allows the up-listing. If all warrants (18.28 million) are ultimately exercised, the float will be 209.51 million share. Expect Carol Downs and Barclay Knapp to hold their shares to keep control of the company in my opinion. Thus, over 51 percent will not be available. Not to mention those that have M2M Plan Participation Units that will be converted to stock - I believe a lot of those folks will hold. The preferred course of action will be share appreciation. I expect positive news to enhance share price, i.e. Increased revenue and a positive financial picture of IOTA. Just my opinion.

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