Yes, Ian >
Prohibiting r/s, is exactly what I'm proposing ....
I've heard ALL those excuses, (when talking to CEO's) ...
RRRR is an example ....
UVEW is an example .... etc,etc ....
Just because a co. is delisted, is NOT the worst thing to happen to the co ....
''Sure, they would like to avoid delisting, but it's the shareholders that fund it '' ....
They will tell you that the shareholders voted for it ....(Nonsense) ....Insiders are the biggest holders & they will ALWAYS VOTE FOR THE R/S ....
Tho, there ARE exceptions, most ALL share prices go back down to same price anyway ....
Then, it's done ALL OVER AGAIN ....
More examples:
(WSHP - AMJY - TSAH - TLXX - SPWW - OMOG - OCUM - NBEU - MSMJ - MFLM - MCXL - JBMG - EVLO - ETTC - CISI - CCGI - (just to name a few)
Ian ....
It's not enuf for the SEC. (or anyone) to tell us, ''you know these pennies are riskey'' .....
Imho, if this practice is left to continue, I believe the pennies & pinks w/IMPLODE on themselves, and NO-ONE will want to invest ...
We need to get back to investing in 'start-up' co's that (maybe) will make it ....That's the ONLY CHANCE we should have to risk .... NOT their shady dealings ...If a co. HAS to be more 'beholding' to their shareholders, they will be more reluctant to start up in the 1st place ....
AGAIN .... OUTLAW ALL REVERSE SPLITS, PERIOD ...!!
...... and YES, for ALL exchanges ....
........... I thank you for listening ....!
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