Thursday, November 15, 2018 10:29:45 AM
Jeff, I'm not a stock broker, so I can't offer you investment advice. Moreover, Encounter can't comment to shareholders as to how their investments in the company will fare. I will state, however, that the total value of the shares you own on the record date will be the same value of the number of shares you end up owning immediately upon the effectiveness of the reverse split; you just won't have so many shares to trade. If Encounter doesn't effect a massive reverse split while pursuing its plan of operations, Encounter's stock will never have the per share price needed to trade on NYSE American, TSX, and the SSE exchanges. The goal is to get off Link ATS and away from OTC Markets. Thanks for your interest. -Randy Hudson
But there are more requirements to trade on an actual exchange than the sp alone. A sp can be manipulated to be anything, given the right R/S ratio.
Which now seems will be massive (Hudson's word) rather than 1:333.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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