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Re: PENNIEStoSTACKS post# 45943

Tuesday, 01/15/2019 9:13:25 AM

Tuesday, January 15, 2019 9:13:25 AM

Post# of 72592
The only concern I have regarding the reverse merger is what happens after they release financials. I learned from watching the video the other poster provided is that most companies MUST do a reverse split before releasing their Super 8-K, which is based on how much money the company is worth.

I know there are many people here who believe that the r/s won't happen because of the small O/S and what the company is possibly worth, but it also depends on what percentage of assets are transferred to the exchange. A few guys, who are pretty knowledgeable with RMs, expressed their opinions saying that either they won't do a reverse split, or if they do, it will be pretty small. I just don't know what is considered "small".

As far as I'm concerned, any reverse split (not matter how small) before the merger would suck.