InvestorsHub Logo
icon url

shotsky

07/30/17 9:55 AM

#89981 RE: LuckyDefender #89977

One thing is for sure - time will tell.
I actually do expect an RS, but not one of those severe 1 for 2500 types. I expect it to be more on the order of 1 for 10. Along with that, I would want to see a reduction in the AS of the same scale, topping it at 1B instead of 10B. That would be a separate issue, requiring the company to modify it's articles of incorporation.
My ongoing plan with BVTK is to have at least 10X shares more than I need to ride up. If/when that split comes along, I want to continue to have at least 1 million shares.
Failure to reduce the AS would be a disappointment to me. All in the future, of course, and pure speculation, but I have yet to see any OTC pink stock do a buyback of shares. That would explain why I am skeptical of that approach.