BellRock Brands Inc (DXBRF)

[retinvestor]

You Are right about Reverse split.

In January 2021, BellRock announced plans to do a 30 to 1 reverse stock split. At the time, DXBRF stock price was in the 15 cents a share range. Now, due to complete mismanagement of releasing financial data, DXBRF is in the 5 cents a share range.

If the financials release delay is truly only because of how difficult the company says consolidated returns will be this year due to M&A, the stock price should quickly return to 15 cents. And, then, move based on what the financials tell us.

If the financials are not good, then the stock price may go down.

If the stock price is still in nickel per share range, a 30 to 1 reverse split will not achieve same goal as it might have in January.

I don't like holding stocks during reverse splits. However, there might be money to be made in next week if you think that BellRock delay in releasing ANY financials for over 6 months is just because "it was too hard". Sounds like a child's response about why the dishes didn't get done. Still, I hope that is the real answer.

So, I am still torn about increasing my position tomorrow or just hoping to sell current shares for less of a loss after financials are released... HMM

GLTA (both of us)! IMHO only.