CEA Industries Inc. (CEAD)

[Plan9FromOuterSpace]

R/S = BS

The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. Also, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Thank you for posting this.

A reverse split does not address any of these requirements:

minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years Nope

its average market capitalization over the prior 12 months must be at least $550 million
Nope

revenues in the previous fiscal year must be $110 million, minimum Nope

Hopefully McDonald is referring to the potential of the company to meet these legitimate performance goals. We all know a reverse split does not help anyone but those who want to jump on a higher price to short it back into the ground.