Friday, March 26, 2021 9:22:23 AM
We NEED a r/s which is not bad as long as they dont do a massive issuance. A r/s gets rid of flippers, corrects pps to meet minimums, allows reduction in o/s, allows for reduction in a/s and adjusts cap structure so it makes sense because NYSE is not going to take seriously a billion share a/s and o/s. Anyone that is actually a long term investor in UATG should request CEO to do a r/s, reduce a/s and take us to NYSE as quickly as possible so we can go get sizeable institutional investment. This company will die on the vine in OTC. A small r/s can get us to minimums of $2
For those who are against a r/s, does it really matter if you have
$100K in 4M shares or $100K in 50,000 shares? You still have $100k in stock except now we are $2 and can actually go to NYSE! What is better long-term for us as shareholders? As long as they dont do massive issuance it is actually BETTER FOR US to do a r/s and get us to NYSE where they can get funding to grow ALL the companies and drive the pps UP!
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