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Re: cdiddy01 post# 92943

Monday, 02/18/2019 12:30:14 PM

Monday, February 18, 2019 12:30:14 PM

Post# of 108192
The reverse is done with dilution in mind,so it`s a death sentence for legacy holders. Are you a legacy holder? If not,then the reverse probably won`t decimate your holdings. That`s the big difference. I own at 8 in all my Accts,on average. Anyone owning below 3 would probably be fine eventually,but not me,and most legacy holders. I already lived through a 1 for 125 reverse by Adxs. I had 450k shares reduced to pebbles. It took me years to build back,and now it`s flushed,down 95% pretty much. The reverse is also keeping buyers from jumping in now,so if it was taken off,we`d get a relief rally. Maybe combined with some little deal news,we`d get back over a buck for 10 days,and re-age ourselves for another year or more from potential delisting.
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