Followers | 3309 |
Posts | 33124 |
Boards Moderated | 1 |
Alias Born | 06/29/2011 |
Wednesday, November 18, 2020 4:49:27 PM
$TSNP I had some questions about thoughts on a reverse split and I said they would not do one. Here is why: Anytime you file something, it cost money to file, plus attorney fees. Secondly, if they wanted to RS, then why spend the money, time, paperwork and 10$million to buy shares in the open market and reduced the shares? No point in reducing the shares if you are going forward with wiping people out. NO logic in any of that thinking. IPO's like $snow, $twlo $fsly $gpro $snap cost tens of millions. If big companies came to #otc, it is much less expensive and directors, hedge funds etc can take bigger positions, do buybacks to add to the balance sheets, and so forth. Way more benefits and bigger options for buyouts mergers etc. I wish bigger companies like
@HUMBLpay
came to the otc. Truly life changers. Congrats all
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