Tuesday, October 30, 2018 7:08:53 PM
if the goal was to dilute retail it could be done with way less than a 1:100 r/s. if the goal was to get the share price over $4, then that shows intent of moving forward. this would likely cause a spike in the share price based on speculation alone and current shareholders would be able to at least get out with a profit if they wanted to.
holding beyond that point might be risky though because the next thing to occur would probably be registration of new shares followed by an offering.
but again, if these things start happening, there's a chance it could cause the share price to go up instead of down because it would show that things are moving forward.
it's too complicated to try and predict.
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