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Thursday, October 13, 2022 10:45:51 PM
Promises won't move this stock, if the stock won't move on merit then the BOD are likely going to push for a Rev split before the time is right. Pushing for an uplisting when down this low is a big mistake, let the shareprice rise on merit. If news doesn't move this stock now..... as it would appear then the idea of a split then a series of positive news releases like Institutional Investors like to hear won't do anything for the stock anyway.
Raising the price of the stock artificially just opens the door for shorters and hedgers. I've had stocks split where even the Inst Investors hedge their investment in case it fails as most will.
Inst Investors will also attach milestones to the deal and if milestones aren't met then their money stops. It's a joke
I have bought into Tomdf on 2 occasions as a calculated bet, then had the rug pulled on me when I heard about intentions to split. Like many others I would have liked to buy more because of the possible success/fundamentals but like many many others I have held off because of the R/S looming and now the shareprice is floundering also because of the threat of a split
Recent TOMDF News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/17/2023 12:29:32 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM