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Re: FastMny post# 57796

Sunday, 09/29/2019 10:41:28 AM

Sunday, September 29, 2019 10:41:28 AM

Post# of 83340
Ready for a conspiracy theory from the Wolf? CV Sciences does a 1/5 reverse split bringing the pps to around $10 per share. The Authorized remains the same you understand. The Outstanding shares will be at 20 Million. Constellation Brands or another company that wants to purchase enough shares to take 38 to 51 percent of the company would only need to purchase 7.6 Million shares an investment of $76 Million (38%of the Outstanding shares or 21 Million shares an investment of $210 Million (51% of the Outstanding shares). This 51 percent option to purchase would dilute the shareholders by half of their shares value to $5.00 per share which comes out to $1.00 pre split pps. There appears to be a reason for this stock which has been undervalued to continue to drop for unexplained reasons in my opinion. Even though it would appear to be a $5.00 stock if the acquirer owns 51 percent of the shares. The float would remain around 20 Million shares with 21 Million being tightly held by the acquirer the stock price will increase or remain the same at $10.00 per share. 41 Million shares at $10.00 is $410 Million market Cap and still undervalued compared to the cobwebs market cap. If you recall from the last proxy vote the poison pill was entered and voted down. The insiders voted against the poison pill making it clear that they are willing to vote for a friendly takeover. Also recall that the Board of Directors including the Mona’s want to do a reverse stock split. Not less than 1/2 and no greater than1/10. If the opportunity arose that a company like Constellation Brands made us their target under the scenario I theorized the Wolf would vote in the affirmative you understand. IMO Have Mercy Wolf Ahooooooo

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141528696

If this theory came to fruition at 1/5 reverse split and an acquirer purchased 51 percent of the company as the Wolf theorized it would be the same result if we continue to drop to $1.00 pps. Hopefully the target pps will be slightly higher than $2.00 because of any such announcement would get the Shorts caught with their pants to the ground you understand. Have Mercy Have Merger Wolf Ahooooooo

https://ir.cvsciences.com/press-releases/detail/78/cv-sciences-inc-files-application-for-up-listing-to-the

The Company’s Board of Directors has approved a reverse stock split of all outstanding shares of the Company’s common stock at a ratio of not less than 1-for-2 and not greater than 1-for-10 for the purpose of meeting the Nasdaq minimum bid price requirement, if needed. If this measure is approved by our stockholders at the annual meeting, the Company will effectuate the reverse split with a ratio sufficient to ensure the Company meets the minimum bid price requirement.