Thursday, July 20, 2023 12:29:12 AM
An R/S coinciding with an uplist to a national market brings great exposure to a company, allows institutional investors to buy shares, and can lead to a hefty appreciation in share price.
An R/S ,such as the one that will happen here, is a death knell for the shareholders.
2.6 Billion share OS has got to lead to an R/S. Most penny stocks in this horrible scenario see the share price quickly revert to pre split levels annihalating current shareholders value.
Just look at all the R/S's that have occurred with companies at a similar SP and similar share structure.
MASSIVE LOSSES for the shareholders
But if you want to keep holding, do as you wish.
In my opinion
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