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Re: Bountiful_Harvest post# 5940

Sunday, 09/08/2019 10:51:44 PM

Sunday, September 08, 2019 10:51:44 PM

Post# of 18345
Let's not get crazy. I have never Saean a company do a forward split for additional capital. Dilute many. Back in the nineties companies did forward splits to keep a low share price. The thinking was more middle class investors would buy shares at $5 than $200. Nowadays many companies just trade fewer shares at higher dollar values without forward splits. I think there is enough liquidity with the unrestricted 60m shares and after 6 months the Korean swapped shares will also be unrestricted. I wouldn't be surprised to see private placements filled with new restricted shares added to the outstanding shares. They already did a forward split for the Korean share swap. If saean is debt free and profitable they can reinvent in the company. If the need capital to grow. They have to borrow or dilute. Giving us additional 2 shares for every 1 share we own does nothing for Saean except lower the value of each share. I'm all about Saean but I see no possible reason for a 2 to 1 forward split anytime soon. This would need to be trading north of $50 and no one selling any shares and very high demand for shares before we see a 2 for 1 split imo.

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