Thursday, January 18, 2024 2:38:16 PM
" We received a number comments about how, ah, some...certain people would have wished that we had announced that we were going to do this reverse split sooner…in other words, we should have told you a week ago or two weeks ago, ah… I made the conscious decision that we were not going to tell you and I will tell you why – it would have created mass panic, some of you would have sold your stock, which is fine, but the problem is, with that mass panic instead of selling your stock at a dollar ninety cents, eighty cents seventy cents you probably would have ended up selling...a lot of you selling it for forty cents. So…ah, I don t want to sound…ahhh… like I m your mother but we saved a lot of you from yourselves here. The other issue is that this reverse split also forced any short positions to cover and I think that is what you saw today…a lot of the short positions covering. And…ahh..we didn't want to warn those shorts that this was coming at all.
All my posts on the site are to be considered opinions.
Readers determine the veracity of the posts they read and the credibility of other Users
Recent GVSI News
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 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