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Re: VeronicaFox post# 131936

Tuesday, 12/13/2022 2:37:07 PM

Tuesday, December 13, 2022 2:37:07 PM

Post# of 132366
I don't think there will be a Reverse Split soon, certainly not one to the magnitude of the previous one. I am not saying that there won't be one, just that I think that it will be a little while. That depends on their ability to add more shares, of course. It just appears to be too early to be projecting a Reverse Split, though I would not be surprised at another one. At this point, having a business venture work for this company, apart from dilution, would be a surprise. Even a low cost option of flipping run-down houses like some HGTV show would surprise me at this point. There doesn't seem to be a desire to follow through with any real estate project. The failure of the building acquisition last year, and the failure of the other 5 buildings that were announced last year, seems to prove that point very well. Certainly the $100 million project was at best wishful thinking. All that is rather sad if you were an investor in the company. Trading could be a different story, depending on how well this stock was traded.