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CHM_760

03/28/15 12:36 PM

#3735 RE: garywoodruff #3734

I'm just curious why you and Seel are dismissive of an OTC stock that goes through a reverse split in order to qualify for uplist to a national exchange?
I agree that reverse splits in order to REMAIN on an exchange (after losing minimium allowed stock price) is usually a red flag, but for an OTC stock to split in order to UPLIST is, IMHO, a flag of a different color.
I've owned several small companies that have done reverse splits in order to uplist, and most continued to do very well afterwards.

Best regards and Happy Saturday!
CHM