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Tuesday, November 26, 2019 6:01:25 PM
AN RS is not a good thing to shareholders, period. Shareholders will ALWAYS lose money in an RS. Don't believe me? Try to find even one person that has held through an RS and tell us what company it was. It's easy enough to research.
That lasts 3 days, the 'D' lasts 30 days. By the time YOU can begin trading, the price will no longer be what it was on the day of the split. It NEVER is. Anyone that says different simply hasn't been through it.
Guess what company proves you wrong....
XD*L. And as most of the real longs here know, they have the same management team we have at VRUS. They did the RS on May 21 and their price post RS was 1. And 30 days after, on June 21 it was also 1 (so not true what you are saying) and the day of the Pre 14C (April 10) it was 0.5, so much lower than on June 21. Just look at the chart.
You know what management did when they RS? They did it in the correct moment and they also reduced the authorized shares using the same proportion of the RS, so the fears of dilution disappeard. I don't think is a coincidence that the example found has the same management team as VRUS. Guess what will happen if VRUS does that?
Just look below at the share price trend for XD*L the way you want, long or short term, and you will see that the RS was clearly beneficial. And that was without institutional investors coming, without revenues, without uplist coming. I'm not worried a single bit. VRUS is gold and so undervalued.
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