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Johnk59

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Johnk59

Re: CG03 post# 111330

Thursday, 11/15/2018 7:18:13 AM

Thursday, November 15, 2018 7:18:13 AM

Post# of 192117
R/S and new CUSIP doesn't solve the problem. Look back at HMNY (MoviePass) back in July. Listed on NASDAQ, tons of subscribers but not profitable. In June they were trading around .25, then came a 1-250 R/S. Price did spike to something like $12, but now trading at .02.

IMO if NFUSZ uses R/S to uplist, sure we get to NASDAQ, but if we can't generate more revenue than a girl scout troop selling cookies, the pps will continue to slide back to where we are now. Shorts will cover on current cusip, then take new positions on the new one.
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