Sunday Commentary/Analysis
By electing to do 70 to 1 forward split, board room, made huge gamble with common shareholders.
63% of the time, it works out that after forward spilt, the company generates more revenue.
But 37% of the time, it doesn't work out.
Sure, Premier Brands Inc. now obtains a whole new product line of health drinks, vitamins to sell.
Sure, they have new Vodka product too.
But its a huge gamble with the shareholders equity.
What if these products don't sell?
Then, Premier Brands Inc. management falls victims to the hard cold facts of the other companies in the 37% stats.
Now, the common shareholders have stock worth $.015 per share.
Where the new revenue?
Vodka dont go on sake until July 27
So, what are the common shareholders to just wait?
We live in today, that fast pace, now... Who has TIME to wait.
Its all about day trading, quick buck, speed dating, no one has time to sit around and wait for small firm to generate sales.