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Re: BottomBounce post# 204

Friday, 09/18/2020 11:54:19 AM

Friday, September 18, 2020 11:54:19 AM

Post# of 1105
Drillitbaby is right. 1.00 a share is fantasy land without reducing NEVDF's bloated share count.

Nothing wrong with that necessarily, insofar as it will likely lead to trading on a higher exchange.

It should be pretty obvious to most investors that any company with that guidance and that many shares outstanding is gonna be sluggish to move.

I wouldn't be shocked if they are dumping all the existing shares prior to the RS just to raise the capital and use them up before the big event.

Just speculating of course, but that seems to me like the most likely way it's gonna go.

First few months production numbers should tell the tale.