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Re: dhsmith13 post# 57996

Saturday, 03/23/2019 2:54:28 AM

Saturday, March 23, 2019 2:54:28 AM

Post# of 96656
Well it seems like the 1:4000 split is pretty set in stone, but I'm hoping they plan to gain some market confidence after they split. If they continue to mess up their investor relations, they will never get anyone to buy in and I can't imagine how that would benefit the company moving forward. I've heard the requirement to uplist is a 3$ share price. With a 1:4000 share split that would still be in the red for me. We'll need to hit 4$ for me to break even after the split. but if they're projecting around $600,000 for the month in revenue, that would be around 7.2 million a year. not bad at all. Doing the math with the O/S that would put us up around $10 a share. I know thats an oversimplification of the math, but hey, maybe we'll get lucky. If the company wasn't being so horrible at rolling everything out, I would consider averaging down, but I really don't want to throw another cent in here at the moment.
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