its better for the company to get the r/s first, it will weed out the flippers, and decrease volatility
by doing an r/s first keep share holder in longer
lets use some numbers to beter explain it
1-7 r/s than higher exchange:
100 000 share @ 30 cent = $30K
split = 14 285 @ 2.10 = $30k
stock rises to 5 dollars = $71.4 K = 238% profit
stock rises to 10 dollars = 142.9K = 476% profit
lets do it the other way
higher exchange then 1-7 r/s
100 000 share @ 30 cent = $30K
100 000 share @ $3.00 = 300K (already 1000% profit)
split 14 285 @ $21 = 300K
but i have a feeling that if the share rises to 3 dollars, most people will flip at 1000% profit, dipping the price, and avoiding the 30 days consecutive we need...
so for the interest of the company to move to bigger exchange and minimize our profits, and continue the company to grow, they will r/s first and then move to a bigger exchange to avoid the day traders and flippers....i knwo this is not in our favour as in profits, but at the end of the day whether we flip a 1000% profit or a 476% profit we have done really well...
what are your thoughts on this?
