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I don't think a reverse split is imminent,

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foxi Member Level  Friday, 06/04/21 08:58:52 PM
Re: 2business post# 110851
Post # of 133942 
I don't think a reverse split is imminent, but it could happen later especially if management thinks it'll help fast track them to list on Nasdaq. (I think price has to be above $4/share to list on Nasdaq.) HMBL tried a RS in february and went from $7.72 to about $0.77 a share over the next few months, actually putting Nasdaq out of reach for that company for now. ENZC needs to get on OTCQB first anyway, so they still have some time for price to rise organically.

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