InvestorsHub Logo
Followers 15
Posts 1774
Boards Moderated 0
Alias Born 10/13/2011

Re: ZRock post# 653

Monday, 05/13/2024 10:34:49 AM

Monday, May 13, 2024 10:34:49 AM

Post# of 692
You are 100% correct. I’m beginning to think that majority owner (Santana sp?) isn’t willing to give up some of his equity to outside funding source to propel the Company forward. It’s all economics right now, ie, cash flow and burn rate. A reverse split accomplishes nothing but raise a red flag as investors will understand it is only to keep listing. The shifting of personnel and corresponding reduction in employees, consolidated manufacturing sites, ect., new business relationships, should have increased PPS over a $1 at a minimum. The bullish analyst forecast of $4.25 was unnecessary and proved to be BS because it had zero effect. Selfishly I’m becoming more concerned though remains bullish, as I have a significant amount of shares. With or without the RS, the Company needs to take on equity partner or look to be acquired. Of course, just my opinion. Have a great day
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KSCP News