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Re: JPS02 post# 11857

Wednesday, 10/07/2020 2:28:31 PM

Wednesday, October 07, 2020 2:28:31 PM

Post# of 50625
Let's further decipher this GRST tweet...

This is a very powerful GRST tweet that has some significant subliminal messages. Let's further decipher this GRST tweet.

1. The management made it very clear that they have no concerns about a reverse split.

2. The management made it very clear that if ever a reverse split is done, it would be a small one and "after" they uplist to a higher exchange.

3. The smallest higher exchange would mean the OTCQB which means where there is a .01 minimum bid price per share.

4. This means that they know what's coming to justify a share price far higher than .01+ per share from where it's at now without doing a reverse split.

5. Because the price is really not that far from .01 right now (considering that they really have not even started telling the story yet), this means in my opinion that when management stated "a higher exchange" in that tweet, they are meaning NASDAQ and I'm guessing that it is the NASDAQ Small Cap as a worst case scenario to where there is a $1.00 minimum bid share price requirement.

6. I believe that is why the earlier news of Leonite buying 20% of the Outstanding Shares (OS) at .10 per share because that would mean a 1-10 reverse split to get to the NASDAQ Small Cap which would be a "small" reverse split "after" the stock price maintains a .10 per share price to reflect maintaining the $1.00 per share price requirement for the NASDAQ Small Cap.

7. The management stated that they are excited for all that is about to be unveiled. This leads me to believe that they know what they have and that it is going to justify a share price of .10+ per share that is in line with the thoughts I posted above.

Here's that GRST tweet below for those who had not seen it yet:





v/r
Sterling

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