Followers | 63 |
Posts | 3190 |
Boards Moderated | 0 |
Alias Born | 02/21/2014 |
Tuesday, October 25, 2022 2:53:55 PM
As we already pointed out, at $0.50 cents the shares would likely need to be reverse split 1-for-10 to reach a price of $5.00. If shares were to reach a $1.00 in price, it would only require a 1-for-5 reverse split in order to get to the $5.00 threshold.
As an existing shareholder what would you rather have happen; a 1-for-10 or a 1-for-5 reverse split?
Investing in a few more shares now could effectively help increase the number of shares that existing investors will have remaining after the reverse split takes place.
If you are already invested in this company, and believe in its future, buying a few more shares now could potentially impact your overall position, in a positive way, by virtue of not having to live with a much larger reverse split, thus increasing the number of shares you would have remaining.
Peace out.
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
Recent GLUC News
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/07/2023 07:58:40 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • 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