EdgeMode Inc. (EDGM)

[Stock dude 1]

The reverse split is a good thing for EDGEMODE and they have more than enough votes to approve it at the shareholder’s meeting.

For this company to be of interest to institutional investors to fund their ambitious growth plans and go direct to Nasdaq a penny stock is not a reality.

For the longer term this makes perfect sense for all shareholders;

300 million shares outstanding
1/15 reverse split = 20 million
$200 million post split market valuation =
$10/ share
This is $.70 on current shares outstanding
and if they can achieve a $1 billion valuation ( not unreasonable) this is $3.50 post split.