Replies to post #349 on Aleafia Health Inc. (ALEAF)

[mdstocks]

ALEAF There's no need for a reverse split :

What is the requirement?

The minimum bid price requirement stems from Section 5550(a)(2) of the Nasdaq's Equity Rules guide. It clearly states: "(a) Continued Listing Requirements for Primary Equity Securities: (2) Minimum bid price of at least $1 per share."

So whoever is advising management that a R/S is a necessity for NASDAQ listing IMO has a hidden agenda.

And I think we have all seen more than our fair shares of R/S's gone horribly wrong....more like an invitation for shorts to make HUGE PROFITS.

The company needs to use hard work and favorable business practices along with well thought out investments to concrete their niche in the industry.

Don't look for short cuts or tricks. Geeeeeez!!!