Someone is going to have to explain how this is good for me, the early investor. I understand it's potentially good for the company long term but I'm not really seeing how this is in any way good for early investors, longs or longers.
My Logic:
With no R/S, 50,000 shares x $20 share price = $1,000,000, WITH R/S 666.67 shares (50,000/75) x $20 = $13,333.33. Sure this may get us to $20 or beyond faster (and will certainly be touted as the only logical way) but for the early investor, you lose exponential growth opportunity and exponentially increase the downside. The downside being a lot more height to fall from. Not to mentions what happens if this R/S happens but the uplist hits a snag, or the share price slips below the uplist minimum after the initial uplisting. Do they follow up with another R/S to keep the share price up to keep from being delisted? Anyone with anything but a substantial # of shares will be marginalize completely by this time next year in this scenario.
I'm not down on this stock as a long and I'm certainly not trying to predict the outcome. I just don't see anything positive in this move for us early investors but a silver lining of the potential for immediate legitimization. I'd love to be shown wrong. (Happens all the time :) )
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