Monday, December 17, 2018 4:03:06 PM
clean up their act -which ,at this point ,is near impossible. (but never say never) I think the reverse split will occur at/when they reach
.03-.035 PPS . They have built into the offering a way to limit any
profit the warrant offering will produce . They can force the warrant purchases at a set level and if not executed ,they are shut down (READ
THE SECTION IN OFFERING referring to price share and canceling warrants above a PPS point) They DON'T, at present, look like they will even come near the .03 level . 2 options ---- 1. if price goes above that point
they can wait for everyone to exercise their warrants and then screw them
by R/S of their newly acquired shares (small window of 100 % gain )-if your
in and out fast -but those shares may take a LONG time to get available
for sale(read availability in offering) 2. R/S to temporarily increase
PPS to point, of again forced exercise or cancel of warrants.
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