Reply:
growtheport,
Agreed on the two listing requirements. I didn't go into detail figuring many investors know about the specifics.
I'm assuming your (not) a common shareholder of COYN..currently?
If you're aren't, your advice is sound....just by playing it safe.
* Consequently, I have been a common shareholder of COYN for a little bit now.
The transfer to the OTC tells me management has the common shareholder in mind...vs...a reverse split to stay on with NASDAQ.
* Management...never...has common shareholders in mind when they do a R/S.
growtheport Sunday, 04/09/17 09:28:03 PM
Re: Maker13 post# 1997
Post #
1998
of 1998 Go
Actually, there are two important listing requirements. Minimum shareholder equity and a PPS above $1 for a specific period of time.
You give management too much credit. They are the reason COYN is in this mess.
DD? Given the death spiral of this stock/company, find a better place for your money.
Disclosure: Not long or short COYN.