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Re: Avidfisher post# 1202

Wednesday, 06/16/2021 11:03:23 AM

Wednesday, June 16, 2021 11:03:23 AM

Post# of 1701
Venerable GE is about to conduct a reverse stock split.

Growing organically is obviously the way to go, but this management team realizes that they want to play in the big leagues(NASDAQ), and not remain in the obscure OTC. To get there faster and grow shareholder value, you need to attract institutions who take large stakes and hold stocks for the long term value creation. I believe the intent of the RS is exactly for that purpose. This is not a pump and dump, otherwise, they could do that just fine here on the OTC, and endure the penny flippers ad nauseum. They have bigger plans, and I applaud their approach.
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