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Re: drugmanrx post# 84048

Monday, 11/18/2019 10:56:02 AM

Monday, November 18, 2019 10:56:02 AM

Post# of 85923
It's not even possible for a 1:300 RS to get current prices up to $20. Maxing out the OS and then doing a RS would still crater the price. Sure, they could have done the RS when the stock was at .25 but it's too late for that.

Also, they might be referring to Nasdaq listing assuming they apply around Q1 2020.

I have to think that they're hoping for actual price increase first. If Q3 hits profitability, there's no more lawsuit, and MZ has investors lined up, then this could easily rise to $2 a share. RS of 1:10? Fine with me. I don't think they have a choice but to let the market lift this one to a point where the RS will be anywhere near effective.

There's a Chungus among us.

Don't take my opinions as investment advice and do your own due diligence.

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