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Wednesday, April 07, 2021 7:39:35 AM
Every time the share price goes up, it seems someone with millions of shares in the triple zeros sells and takes the price down. There have been a lot of comments about that and it seem to be true. With that in mind, would shareholders be supportive of a reverse split, say in the order of 10 to 1? That would bring the outstanding shares down to 590 million, and the current price to .20. That would allow the stock to be uplisted to the highest penny stock category and bring in more and bigger investors, which should cause the share price to advance considerably. Additionally, in not too much time, we would be over a dollar and be eligible for another category which is more respectable. Currently, a dollar is a dream, which seems far away. A 10 to 1 reverse split would remove any cap as 590 million is not uncommon. Instead of a dollar, you might see $20 to $100 eventually. As is, I don't see this going much more than a dollar in a best case scenario, and all the way up, it would keep getting sold out. What is your opinion?
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