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Re: jsc52033 post# 13860

Thursday, 05/04/2023 10:26:01 AM

Thursday, May 04, 2023 10:26:01 AM

Post# of 18948
A Reverse Split would almost ensure a monster run. Keep in mind they just gave all the insiders "Common Shares" They won't reverse split it now anyways.. Additionally the Reverse Split would be used to MATCH the OFFERING PRICE.. Let say they do a RS at.50 cents to match a $10 dollar offering.. It would be a 20 for 1 RS... Then the SS would Shrink by 20 times. The New Float would be 1.5M shares...

These institutions which bought the offering at $10 would need to sell its shares to investors. So you would expect to see a massive Awareness Campaign.. Probably would easily see $60 to $100 bucks short term.. A few months. That analyst target would effectively be $120 bucks... So probably would essentially be a 5x/10x run from where the RS/Offering is at.. So in this case it would be like the stock ran to $2.50 to $5.00 bucks.
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