Friday, March 25, 2022 1:33:15 PM
They don’t need to do that big of a reverse split, 1:10 or 1:20 is fine. The market cap would still be around $2.0 million and IT IS PINK CURRENT.
$RETC would then be a perfect candidate to reverse merge with some large CRYPTO, BLOCKCHAIN or NFT FinTech concern.
Even if they merged with a $200.0 million company, the stock would go up from $2.0 million MARKET CAP to a $200.0 million market cap, 100 FOLD or 10,000%.
A Billion Dollar merger candidate would make the stock go up 500 FOLD or 50,000%.
A 1 for 20 reverse split of 12.0 billion shares bring it down to 600.0 million shares outstanding and STILL JUST A $2.0 million current market cap. I love the 1:20 reverse split and then REVERSE MERGER concept.
600.0 million shares outstanding on a $2.0 million market cap PINK CURRENT TICKER is the way to go in my opinion.
600.0 million shares outstanding would be approximately the same as GO + FF after it does its 3:1 forward split. Also, you have to remember, a REVERSE SPLIT OF 1:20 DOES NOT CHANGE THE MARKET CAP. The MARKET CAP remains the same; a meager $2.0 million dollars.
RETC’s value is NOT it’s current business model, the only value this Ticker has is its SEC REGISTERED PINK CURRENT TICKER. If current management would just see that, this stock could EXPLODE EXPONENTIALLY on any REVERSE MERGER CANDIDATE NEWS!!!
$RETC would then be a perfect candidate to reverse merge with some large CRYPTO, BLOCKCHAIN or NFT FinTech concern.
Even if they merged with a $200.0 million company, the stock would go up from $2.0 million MARKET CAP to a $200.0 million market cap, 100 FOLD or 10,000%.
A Billion Dollar merger candidate would make the stock go up 500 FOLD or 50,000%.
A 1 for 20 reverse split of 12.0 billion shares bring it down to 600.0 million shares outstanding and STILL JUST A $2.0 million current market cap. I love the 1:20 reverse split and then REVERSE MERGER concept.
600.0 million shares outstanding on a $2.0 million market cap PINK CURRENT TICKER is the way to go in my opinion.
600.0 million shares outstanding would be approximately the same as GO + FF after it does its 3:1 forward split. Also, you have to remember, a REVERSE SPLIT OF 1:20 DOES NOT CHANGE THE MARKET CAP. The MARKET CAP remains the same; a meager $2.0 million dollars.
RETC’s value is NOT it’s current business model, the only value this Ticker has is its SEC REGISTERED PINK CURRENT TICKER. If current management would just see that, this stock could EXPLODE EXPONENTIALLY on any REVERSE MERGER CANDIDATE NEWS!!!
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