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Re: birdman3003 post# 115056

Friday, 09/27/2019 8:11:40 PM

Friday, September 27, 2019 8:11:40 PM

Post# of 122993
Reverse Splits are not illegal, and bad management is not illegal. FINRA were correct in allowing $BRGO to R/S.

It's up to current and prospective shareholders to determine if $BRGO is a buy, hold, or sell. That's a market issue.

If $BRGO continues to consume more capital than it generates, it will rightly continue to collapse in share price. That is in part due to management choices (some factors are macro and are beyond management control).

I'll check the numbers later, however my gut instinct says $BRGO generates gross revenue of around $0.12 / share at this time without any further dilution. That's distinct from profits/earnings, so please don't be confused.

The paradox of iHub: buy high, sell low