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Re: pzottkpz post# 883

Tuesday, 11/16/2021 9:33:23 AM

Tuesday, November 16, 2021 9:33:23 AM

Post# of 1568
Reverse stock split discussed here...

"Stephen Branstetter

35:28 Gentlemen, would your company consider doing a reverse stock split to get the stock price higher this way more institutions would be interested in buying this stock, a lot of institutions don't want to buy stocks below three dollars and you discussed about cleaning up the market cap with the warrants. If you did like a five to one or a ten to one reverse split, there'd be many more institutions. How do you -- put any thoughts that? Ci.

Ellery Roberts

35:56 Yeah. Sure It's our – Albert, I think I'd like to take our first crack of this call and then return to Albert. We're absolutely evaluating all options to address any concerns or take advantage of any possible means of solidifying an institutional shareholder base that would be more reflective of what we think our business should be from a market capitalization standpoint. So, in terms of investors who need a certain share price or certain market capitalization that's in the back front line, but as Albert outlined earlier on the call, we have [Technical Difficulty] to your point, we're seeking ways we think a critically managed [Technical Difficulty] I guess pretty mature that being said [Technical Difficulty] I that we think there opportunities out there. But right now, we're taking this pause to reflect on the [Technical Difficulty] growth towards in the, but all options that be achievable. We're working with advisors. [Technical Difficulty]..."

https://seekingalpha.com/article/4469510-1847-goedeker-inc-goed-ceo-douglas-moore-on-q3-2021-results-earnings-call-transcript

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