Replies to post #83998 on Bravatek Solutions Inc (BVTK)

[kilquote]

what usually happens if the company is not in a good revenue earning state the stock will almost immediately drop back down, in essence wiping out your shares. Now if I went through last years 1:2500 I would be mad and probably distrustful but I would have moved on. it has been a year.

now if the company IS doing well and the PPS reaches a good point, they can R/S to put them In NASDAQ territory.

So honestly I do believe there possibly could be one but not now. Only when it comes time to uplist.

last year it went down after the R/S and frankly wiped a lot of people out but they were drowning in debt and simply had no choice. Ever since they've been putting things in overdrive. People forget they hired Jim as top sales man. They didn't do this to waste his time. i'm sure he could work wherever he wants but he must of felt like many of us do that there is massive potential here.

[shotsky]

After a reverse split, it is common for that stock price to decline. Not for any good reason, but because traders see RS as a negative thing and many sell. Having just gone through one on another stock, I sold 1/2 my shares before the split and hung onto the rest. After the split, the price dumped (for a different reason) and I bought back in as it was dropping. It eventually ended up below the pre-split price. (But it won't stay there.)
They are not all the same, but in this particular case, the OS was already maxed, and a note matured. They could not convert, and got disgruntled. The moment the RS was made active, they converted, and immediately dumped them on the market, dropping the price. Unfortunate, but it was going to happen one way or the other, it was just bad for shareholders because their shares were locked for 3 days by the brokerages, and that's when the creditor dumped. We sat by watching the decline. You can always CALL the brokerage to sell, if that's your inclination.