Replies to post #644 on Cannalink Inc. (CNLK)

[Traderfan]

I'm holding and adding if it gets close to .01. People are overreacting, sometimes amendments are listed as stock splits

Yes, that was what I was trying to explain yday.

The entire reason a reverse split is bad is the expectation of continued dilution and their ability to reset the price to do it all over again. There is no dilution here in the first place, none

Yes again, it seems in general people don't differenciate between certain RS situations. A RS in a company with 35 million shares out? Let's see that.

There is always the possibility of the shell being used for a really legit company, in that case, they may not want to be at 01 or 03. We could see a 1:10 split, also not bad, especially if we luck out and get a really nice company merging.
.01 is a $300k valuation, I will buy that all day long.

Yes that's exactly the point. At this market cap, how much downside should there be unless they completely screw up now and start to sell a billion shares into the market which is basically unthinkable in this stock. There could indeed be something brewing behind the curtain regarding a merger.

Heck we will all see, everything is possible in general down here but at this point in time I'm not worried, I rather think it could be something good for us. Time will tell.