Strake Inc (SRKE)

[stervc]

Regarding the "possible" GHHC Reverse Split...

There is a chance that GHHC is smart enough to not do a reverse split since one is not needed and can decrease market sentiment and interest into GHHC. The Board indicated that the reverse split option would expire within 12 months of the Information Statement which would be as of October 29, 2020 per the DEF 14C below:
https://www.otcmarkets.com/filing/html?id=13730516&guid=xax6UpbZrIGAjth

The range of the possible reverse split is 1:10 to a 1:1,000 per their DEF 14C filing. Actually, if one is done, it would make sense that a 1:10 would be the best option as it would result in the Outstanding Shares (OS) being 69,017,464 shares since the current OS is 690,174,635 shares of which the stock price would be .006 per share for the post-split adjusted share price at today's price:
https://www.otcmarkets.com/stock/GHHC/security

Personally, I believe that if you are not doing a reverse split to go to the NASDAQ, NYSE, or major market to where there is some minimum price requirement that is needed to be met, then most of the time, a reverse split should not be executed.

I will say that I would be fine with a 1:10 if one must be done. Anything larger than that would eliminate any liquidity that would remain to be existing. Some people would likely not be interested in trading/investing into GHHC for such reason.

We should see the announcement within a PR of its name being changed to Vitana-X, Inc. If one is going to be done, I suspect that we would see such indicated within that PR to kill two birds with one stone with FINRA. Logically, they would not be done at different times.

Here's something to possibly compare and contrast to GHHC if a small reverse split is done. I was in INTV who had done a 1:50 reverse split when it was at .001 per share pre-split. After doing their 1:50 reverse split, it opened up at .05 per share post-split. Then it went from .05 to $6.72 per share. I'm only posting this to show that "IF" they do decide to do a reverse split, it's not the end of the world and could prove to be a new beginning either with or without doing a reverse split.

I'm still trusting and believing in their products below:

GHHC/Vitana Award Winning Patented Technology Products
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158419539

v/r
Sterling