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traderking60

02/07/19 1:50 PM

#30687 RE: ChadHawk #30686

You are trying too hard!! The CEO can dramatically increase the business and prospects causing a large upward move in the stock price and in that case if he decides to do a reverse split with a fast growing business, it makes sense.

You are just referring to those companies that are close to death and then do a reverse split many times to stay alive. Not the case at all.

Sorry, but this is not INTK's case.

Short the stock and you will learn the very hard, expensive way. Otherwise, your talk is cheap!

IMO
$INTK

brooklyn137

02/07/19 2:02 PM

#30690 RE: ChadHawk #30686

You're right, ChadHawk, there would have to be a reverse split to uplist. But let's suppose they do sign a fortune 100 OEM customer. The two who have been speculated about, volvo, who they mentioned in a tweet, and a company who they described as the largest manufacturer of construction equipment in the world if I recall correctly, that would be CAT. If they sign either one and make 23 million dollars profit from that contract, pretty conservative, that would a penny a share profit at last share count. That would give a share price of a minimum of 15 cents, more likely 20. If instead of 2.3 billion shares outstanding, they had 230 million, the price would be 2 dollars. That would require a 100 to one reverse split. So 200 to one would bring them to 4 dollars, the NASDAQ's requirement for a new listing. Not a disaster by any means.

As to the preferred shares that Stu has as a poison pill against a take over, he has said in the past he would restructure or eliminate that. If they get that contract, it is all doable.

OINGO BOINGO

02/07/19 5:42 PM

#30709 RE: ChadHawk #30686

What a joke. And then what once he uplists to this senior exchange? Will he finally come forward and announce who these fortune 100 and 500 companies are they he's supposedly collaborating with? Announce these now. Show your hand. Don't keep it a secret bc of competitors or whatever. If these products are the cats ass/superior to others then Stu shouldn't have anything to worry about. This has turned into big game of cat and mouse is all.