Replies to post #49998 on Rogue One Inc (fka ROAG)

[susukino]

And from the release back in Sept:

Our Board believes that, among other reasons, the number of outstanding shares of Common Stock have contributed to a lack of investor interest in the Company and has made it difficult for the Company to attract new investors and potential business candidates. Our Board proposed the Reverse Stock Split as one method to attract business opportunities for the Company. Our Board believes that the Reverse Stock Split could increase the stock price of our Common Stock and that the higher stock price could help generate interest in the Company by investors and provide business opportunities.




How is adding shares to a company who has done so badly already going to INCREASE share price? Both are using essentially the same reasoning... They are doing the addition of shares.... or the reverse split... because it is "besot for the company" Translated... Best for their pockets...