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Re: Tom Smith Tom Smith post# 118941

Friday, 02/25/2022 12:40:47 PM

Friday, February 25, 2022 12:40:47 PM

Post# of 119179
Hi Tom, I'm hoping you'll re-consider that upcoming reverse split you've alluded to in your recent filing.
I've been doing this a long time and I can tell you that the idea of doing a R/S for the purpose of uplisting is great in theory but in the longer term it will destroy the overall market value of your company. What will most likely happen will be that right after the split, market makers will pound the stock price into oblivion for days on end until it winds up not that much higher than where it is today.
Additionally, your company's reputation may take years to recover from a set-back of this magnitude.
In my opinion, letting your stock price grow organically due to all the profit-generating acquisitions and build-outs you're planning would, in the long term, generate a much higher market value then if you should proceed with the planned reverse split.
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