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Replies to #1078 on Alio Gold (ALO)

TechKim

04/23/17 4:26 PM

#1079 RE: BLUEVOODU #1078

Your right about one thing. The reverse split makes no sense. Unless shareholders have been mislead. Why a reverse split? To make more shares forthcoming for a financing? The TGD board has no confidence in the present share price building to a greater value on their present business platform? Why would the board be so eager to reverse split? 10 to 1 does not build to the value of a $5 share price. Just to keep from looking like a penny stock?


kpisme

04/24/17 9:15 AM

#1080 RE: BLUEVOODU #1078

Management has the closest view of their situation so I will hope they know what they are doing on the R/S. Maybe they fell it is time to really this the stock moving onward and upwards. Looks to be it has been down for a while going back and worth with little increase.


Long TGD