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Smokey21

04/11/17 11:47 AM

#112633 RE: omair92 #112630

Why do I see so many posts about R/S?



I think this is the "chum" that Biotechinvestor was referring to in his earlier post. They are just following the FUD/short playbook here.
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marzan

04/11/17 11:47 AM

#112634 RE: omair92 #112630

hearty and momoplay are playing on themselves.
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exwannabe

04/11/17 12:19 PM

#112640 RE: omair92 #112630

Why do I see so many posts about R/S?


There is no pressing reason to R/S as they only need to stay above $0.01 to remain listed where they are. I think even the most negative would assume that is no problem.

But if no news by fall they will either have to vote on a increase in the authorized shares, or an RS, as they will otherwise run out of shares to sell.

Raising the AS count to over 1B just sounds ugly. For microcap companies, that is when they start looking like a joke. A RS would be a cosmetic improvement over that for any new investors.

Check back in Oct on this.