InvestorsHub Logo

SooS416

03/12/15 2:20 PM

#62210 RE: winningman #62209

Just seems like a lot of flippers around wanting the price to go lower to load up to flip some more

uksausage

03/12/15 2:44 PM

#62216 RE: winningman #62209

I go for RS. Share structure out of control.



Quite right but you only do the R/S once the share structure is back under control (ie no more toxic debt - may be some good debt).

This is what that Michigan e-cigarette company is doing at the moment except they need to do the R/S before as they cannot increase the A/S.

So I expect to see - debt paid off during early Q2, may be regular bank line of credit issued to cover seasonal inventory needs.

Q1 2015 results in Mid May showing a nice gross profit which helps fund growth organically.

Q2 shows steady revenue and profit increases.

Then it is time to do a R/S as the ship is steadied and the price will have recovered somewhat.

The reason for the R/S is then to potentially get uplisted back to the pinks/QX.
The R/S should also apply to the preferred share conversion factor.

There is no rush to R/s as they can increase their A/S as mandated by law if necessary.