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Re: None

Sunday, 02/21/2021 4:32:21 PM

Sunday, February 21, 2021 4:32:21 PM

Post# of 3661
My understanding was that AMPG was going to do a reverse split anywhere from 20 - 200:1. Fortunately they only went with 20:1. Also, when they filed the paperwork back in Oct, according to an advisor at Maxim they set the lowest amount of RS (20:1) so they could not change to anything lower and they based on it an evaluation of what that price would be post RS and back in Oct a $7 share price would have been pretty solid for the share price back then. He also remarked that it was not normal to see a stock run up .26c the day before an RS. I received a "pamphlet" for lack of a better term explaining the RS in the mail in late Dec/early Jan I think it was. As far as I could tell there was not a date associated with it, just a "at a future date". In any case, this is all "just as I understand it" so don't shoot the messenger and feel free to pick apart anything I have said. I do think you'll see this run to $12-$18 in the next quarter if not sooner. I'll admit - it was a kick in the @$#% watching the amount drop so much last week but in the long run - it seems that all signs point to it being a good move. We'll see...
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  • 1M
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  • 1Y
  • 5Y
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