Monday, October 21, 2019 12:01:22 PM
Any shares issued to the merging company would be restricted, but there is also no way of knowing how many would be issued either. So if you buy shares today at say .80 cents, that's really $2.40 or $2.80 post reverse split.
Could it run back to $9.00 after the r/s, with the lower float...possibly, so .80 could be a decent buy...its hard to say.
It's interesting because TapouT Inc is pretty huge, and Splash obviously has some sort of close relationship with them to use their branding on the beverage. So could one of TapouT spokespersons, like John Cena, be Tweeting to his 12M Twitter followers about the beverage...?? That would get a LOT of eyes on the stock and then it could get really interesting IMO.
If I could get .60's I might grab some.
Recent SBEV News
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 09/06/2024 09:15:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 02:19:59 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:31:11 PM
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