I disagree. A profitable company, with a real product, tight float and new products on the horizon will like honey to a bear in the pinks. They could uplist a year later or do a merger. The only reason to NOT do a RS is to protect even the smallest shareholder. I can’t think of any other reason.
Well, uhh that would depend on how large the RS is (note, I AM NOT saying there will be an RS). If the RS is 4 to 1 UATG would still have 250 million OS, plenty for good liquidity.