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Re: Obumer post# 23652

Tuesday, 02/09/2021 8:02:27 AM

Tuesday, February 09, 2021 8:02:27 AM

Post# of 32324
A few things to note:

....It's not the percentage of the authorized shares, the % of the OS may be more appropriate to enter into the maths calculations.

....In theory, the RS for uplisting shouldn't affect the total value of the equity. 100 shares at $1 dollar should have the same value as 10 shares at $10, for an example. A RS for uplisting is not the same thing as a RS in the OTC with billions in the OS, which is followed by many more billions after a RS.

....The corporate mind works differently. They want to uplist with higher pps that would allow them to raise capital with the least amount of dilution. Least dilution means higher EPS and higher pps further along the road.

....In a RM situation, the shell owners normally own about 5% of the incoming entity. However, there is no fixed %, could be higher or lower. This is just a ballpark estimate.

....A RS to uplist may also trigger short squeeze. Shorts may come out strong against such moves.

Having said that I still believe a 1:15 RS was excessive on a 24 million OS and could be reduced to a lower number. I believe the ratio is not set in stone.

Awaiting the updates from the company before rushing to judgement.

My two cents, to each their own.

$CLHI

Disclaimer: My posts are just my opinion, not intended for investment advice. Do your own dd before buying, selling or holding securities.