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Re: BNP31 post# 53061

Monday, 02/22/2021 8:07:29 AM

Monday, February 22, 2021 8:07:29 AM

Post# of 71024
I agree that if this thing gets to $1 it would be nice because R/S would be minimal but at a R/S to $4 you would be looking at an O/S of 250M which would affect how much they can decrease the A/S. I would like to see an A/S around 300M but with an O/S of 250M it would not leave much room for investment bank raise. Of course if they Reverse to $5-$6 then things change but I doubt very seriously that a CEO who hates splits is going to be that aggressive. If he does one it will be conservative. He has to be all in or he runs the risk of falling below minimums if those who dont get it bail and push too hard downward. Depends on how savvy the UATG shareholders are I guess. Penny traders dont really look long-term they just like to flip, keep accounts flush with share count over dollars. My opinion of course. I hope I am wrong.