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Re: dracontrading post# 20619

Friday, 02/04/2022 10:45:18 AM

Friday, February 04, 2022 10:45:18 AM

Post# of 23463
Ok, so now I do think again that they intend to do a reverse stock split. Even though they announced a forward split of 25-1, it still makes no sense. They said they want to make their capital structure more attractive to a wider range of investors. In the current share structure, there are 311 million shares. x25 that is 7.7 billion shares, and their authorized shares is only 3 billion. Also their share price would be /25 so it would put the share price at .0008 in the trips, which is very UNATTRACTIVE