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Re: otcsource post# 243989

Friday, 04/19/2024 10:25:44 AM

Friday, April 19, 2024 10:25:44 AM

Post# of 246123
Well, recently Canoo executed a 1:23 reverse that has actually raised the SP, and NKLA is likely now to execute a 1:10 — 1:30 reverse as well. A reverse split does not always lead to a lower SP, and in the case of $KEGS, with a market cap of an extremely low just over $1 million, it might even work out. The A/S remaining at 20 billion shares is the largest concern, though robust beer sales may convince CEO Scozzafava to lower that A/S.
GLTA!!
$$$KEGS$$$
Bullish
Bullish