Saturday, January 19, 2019 3:27:51 PM
The only reason to reverse split would be to uplist immediately. There are no quality reasons to do that, no reason to be in a rush. Investors here think of uplisting in terms of getting a quick spike in volume so they can get out with a nice profit. This is why it's been brought up so much on IHUB. DMAN management isn't thinking in those terms. If they're executing their business plan, investors will come. Once the plan kicks in, they'll start the investor awareness campaign with Mr. Funk.
We all know that it won't take much volume for this to get well over a penny. As long as there is progress, staying above a penny should be easy, too.
Tom Coleman is on the board. He's the largest shareholder. He'd have to vote to reverse split his own shares.
If there were billions of shares outstanding, a reverse split would be inevitable. Share structure is already tight. Sales will take care of the share price. We're golden.
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