Red one, My thoughts on the R/S and other topics you have mentioned.
Many will disagree.
Todos has had an approval for an R/S authorized for the last few years. GC never pulled the trigger because he knew the timing wasn't right.
He has repeatedly stated that the R/S would never be implemented at this anemic SP.
Like others pointed out, I think he was under the impression that there would be a run in SP due to all that is going on with the press releases. Obviously, that hasn't happened. Others have stated that they think a 1:10 R/S is possible. That would mean the SP is .40. I don't see that happening either
I am of the same opinion as you. 99 out of 100 R/S's result in doom for current shareholders. However most of these are performed to lower the outstanding shares so more can be issued to raise more capital. This R/S is a different beast. I personally have never held a ticker when I knew an R/S was going to occur because I know that the result won't be pretty..
In this case, due to the fact that the R/S is being performed for an uplist I am holding. As long as GC keeps his word and doesn't perform the R/S at such an anemic price I don't see much downside to holding. If he does perform one at current levels we will all be wiped out.
So I recommend you follow your own advice. Don't fall in love with a ticker. I have one lot of shares I am holding long term hoping that everything works out. I also have bought other lots at 1.5 to 2 cents and sold them at 3 to 4 cents. This puts money in my pocket and on an overall basis lowers my breakeven point substantially. I think many others are doing this also
I agree with you totally.... Never fall in love with a stock. And most R/S's result in disaster for current shareholders
ALL IN MY OPINION, OF COURSE
