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Re: bluebird50 post# 110606

Monday, 01/03/2022 1:34:39 PM

Monday, January 03, 2022 1:34:39 PM

Post# of 111075
Did Apple ever go down to .0002 and then proceed to R/S its way onto a more legitimate listing platform?

What REALLY chapped my backside was the fact that principally-interested players (potentially including such folks as Gershman and/or Saïd) we talking all over Twitter and other social media about the apparently high effectiveness of CaverStem—which, given the pervasive nature of the underlying medical problem, arguably contributed to a skyrocketing PPS from .002 to .07 in early 2018.

Meantime, the company itself, despite being in “commercialization” (their word) of CaverStem for about 3 years now, did precious little to promote clarity and conviction around their business model and plans—you know, the things that legitimate companies do to drive market cap and shareholder value (that is, when they have something majorly marketable in the first place).

Instead, within days of declaring that they “delivered” and appreciated the patience and trust shown by their shareholders, they announced the first R/S, which took effect in early 2020 (during “commercialization”). Over the next year + they again swelled the OS to over 1B, following which they essentially announced that they were going to R/S their way onto the NASDAQ: hence the 1:500 R/S that we saw last month, which was the SECOND in less than two years.
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