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Re: chainma1l post# 50582

Friday, 07/09/2021 9:22:17 AM

Friday, July 09, 2021 9:22:17 AM

Post# of 56377
Reverse splits have a viable place in the market if company values its share price
And your fear tactics are off for more than a few reasons
#1 Before split issuing shares to get where they are today is why they have these contracts and soon to be cash flow.
#2 For companies that used stock funding for good then reducing liquidity will help share price.
#3 It can attract bigger investors
#4 It enables better markets
#5 Allow new funding with less dilution for growth
#6 If you go much lower in share count than 50 mil then you lose the ability for active trading

Save your fear stuff until it's warranted
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