Replies to post #67495 on Bayside Corporation (BYSD)

[Adam16]

If I read an article right, CEO co managed 3.6 billion dollars worth of assets years ago.

[trades4ever74]

Why so excited...this will never actually go anywhere. Why did it take so much volume to get it to .0004. Because there is major dilution. 1 to 20 rs wipes me out. Not to mention after that it will start dumbling down again with more dilution of some kind. With that amount of volume this should have went to .002 easily but it barely got to .0004. This isn't going any where but the dung heap.

[notanoption]

Everything seems to be a perfect storm for this company. Even IF and a big IF, especially after the retirement of shares, that this RSs I firmly believe the share price will sustain regardless due to the shear workings of this company.

Happens all the time and like you said the insignificance of a 1:20 at this PPS is almost comical.

Probably won’t happen but who cares clearly this company is working behind the scenes

[stockinvestor01]

Excellent post! I absolutely agree!

[Korean Jim]

Can you provide the link to Proposal #4?
I dug it up and unable to find.
thanks in advance.

Quote:
Proposal Number 4 – Approve a reverse split of the shares of common stock issued and outstanding at a ratio and on a future date to be determined by the Board of the Directors.

Approve a reverse split of the shares of common stock issued and outstanding at a ratio to be determined by the Board of Directors which shall not to exceed 20:1 and which is to be completed on a future date as determined by the Board of the Directors, which date shall be no later than 12/31/19;