![](https://investorshub.advfn.com/uicon/475735.png?cb=1518599954)
Friday, May 14, 2021 10:29:56 AM
Of course you would bring up an RS to scare people, but the value of one's shares is the same before and after the RS, and why would they do that before releasing news about acquisitions? The only reason to announce an RS early would be to scare retail out of their shares to accumulate "loose shares". The smart money will continue to accumulate down here either way.
Plus as you've said yourself, doing a reverse split would make the stock even more attractive, as a great comparable, look at GMGI exactly a year ago when they did a 150:1, price rise was stable and pps is somewhat stable now. In fact after announcing an RS, the pps actually rose and shocked people. I actually hope for a similar type of play here, but that's just my opinion.
My thoughts/opinions are my own, based on research & DD, best to find your own! I invest for myself/ family 1st, then everybody else.. the same as any business!
Please do not buy, sell, hold based on my opinion!
Recent BYOC News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 10/06/2023 09:19:32 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
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM