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I-Glow

07/05/17 3:38 PM

#226334 RE: pearjammer #226326

If Peterson does a reverse split and uses the excuse of doing it to Uplist - he is a sociopath without feelings for others.

It would be the worse abuse to shareholders I have seen.

Getting the price to required level for Nasdaq is just one problem - TRTC has never been profitable.

A reverse split doesn't harm insiders the Preferred Shares have a non-dilutive clause - then they can just gift themselves more shares as bonuses or some kind of deferred compensation - or use a S-8 - this is a registration statement used for employees - it is a way of circumventing Rule 144 so the stock is immediately free trading.