Monday, March 29, 2021 9:27:19 PM
$20 for a NASD stock is nothing. You need to separate KAVL from the OTC. A $20 OTC stock is unreasonable, a $20 NASD stock is normal. The liquidity currently is terrible, hence why it was so easy for the share price to drop from over $3.00 on a few million shares.
Look at the total market valuation. Right now we're trading at sub $400M market valuation. If you think we're worth $1B, then with the current O/S we should be trading at $3.53.
If we do a reverse split, where 5 shares become 1 share, then that $1B valuation is now a $17.68 share price. So if you had 1000 shares at $1.40, after the reverse split you'll have 200 shares at $7.
So if the stock went to $17.68, it would just be like it went to $3.53 with the higher O/S.
The reverse split has NO bearing on the valuation of the company, only the financials. So if the financials only get better (which why won't they?), the R/S will not matter. It will just increase the share price, allow us to trade on the NASD, and then allow institutional investors to buy into a company generating $400M for 2021.
TLDR: The R/S may have a negative impact due to emotional traders, but buy the cheapies and thank me in a few months.
"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point
Recent KAVL News
- Kaival Brands Announces Closing of $6.0 Million Public Offering • GlobeNewswire Inc. • 06/24/2024 08:05:00 PM
- Kaival Brands Announces Pricing of $6.0 Million Public Offering • GlobeNewswire Inc. • 06/21/2024 01:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/18/2024 09:14:19 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 06/14/2024 08:05:23 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 06/13/2024 04:15:37 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/29/2024 09:20:56 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/20/2024 12:48:50 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/14/2024 09:05:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/14/2024 08:58:47 PM
- Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 03/27/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 10:15:33 PM
- Kaival Brands Provides Business Update in Letter to Shareholders • GlobeNewswire Inc. • 02/14/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:15:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:54:48 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 01/29/2024 10:10:18 PM
- Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic’ Tobacco-Flavored ENDS • GlobeNewswire Inc. • 01/29/2024 01:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 10:14:06 PM
- Kaival Brands Innovations Group Announces Reverse Stock Split • GlobeNewswire Inc. • 01/23/2024 01:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 02:00:20 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/16/2024 05:15:25 AM
- Form 424B1 - Prospectus [Rule 424(b)(1)] • Edgar (US Regulatory) • 01/12/2024 10:21:13 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/12/2024 02:59:14 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 09:15:44 PM
- Kaival Brands Appoints Executive Chairman Barry Hopkins as Interim Chief Executive Officer and President • GlobeNewswire Inc. • 12/28/2023 01:30:00 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 12/22/2023 01:00:43 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM