JanOne Inc (JAN)

[Principian]

With a current price of $2.65, one must factor that 5:1 Reverse Split. Logically, this would put these shares at $0.503 per share (pre RS) All this move did was bought them time from being Delisted from NASDAQ.

I predicted when they did the Reverse Split that eventually the Stock would fall back to its natural range and now this isnt too far off.

Without any clear guidance on this latest venture, not much can be justified for any future price moves. in fact, with hiring Eric Bolling at $550K a year plus his expenses. They are going to eat into their cash worse than what they are burning on Geotraq.

That new Recycling Center they opened in Syracuse NY probably will be just barely covering these ventures that are going to continue to bleed.