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Re: None

Friday, 08/02/2019 12:34:37 PM

Friday, August 02, 2019 12:34:37 PM

Post# of 63514
So, best case scenario, and an argument for why reverse splits can be a positive. Imagine that the 16.25m in funding is met, they merge successfully with all these companies, get their grow license, their stock price struggles up to .01 (with the impending threat of announced RS), once all the leg work is completed, announce a 2000:1 RS and your price is now at 20.00 and you’re a revenue generating company with a taught SS and a SP worthy of the NYSE or NASDAQ. That might be their intent.

Doing a RS at these levels with all this news and catalysts, why announce it now? Why not announce it 6-9 months from now. It was a tree shake. No other rational explanation.