Replies to post #8562 on BioCorRx Inc. (BICX)

[Ricky241025]

Also very possible! I think it had alot to do with getting on the map. They were in washington at the big boys table and filing for nasdaq app puts those people on the look out. We'll see what happens but in my mind R/S is farther away then we think.

[Money maker 110]

Uplisting requires maintaining at least a 4.00 share price for a minimum of 15 days. Therefor they would need to have a $6.00 to 7.00 dollar share price to insure that share price stays above 4.. I would love to believe that BICX could reach those levels but I believe many on this board are not seeing the writing on the wall.
At current levels the reverse split would be huge! Example: if you had 30,000 shares currently you would quite possibly be left with 750- 1000 shares after reverse split = so for every 1 dollar rise in share price you would gain 750.00 - 1000 dollars, so in effect share price would have to go up 30.00! to equal pre Reverse split levels!!
Could BICX reach those levels?? I think it's possible in a couple years or with a buyout. From an investment standpoint,I hope BICX waits until share price is over 1.00 so the r/s would be around 1:7 maintaining shareholders value. I am bullish on BICX and believe the company will be aquired at some point but to me, you risk investing in penny stocks for the chance at huge returns. With a r/s at those levels that gets diminished.

I already mentioned that share price must stay above 4.00 for 15 days but this needs to happen" BEFORE" they can uplist so it quite possibly happen very soon, and not down the road.