On behalf of GS CleanTech Corporation and Greenshift Corp. Steven B. Pokotilow Binni N. Shah Wesley A. Horner Stephen Underwood STROOCK & STROOCK & LAVAN LLP Michael J. Rye Charles F. O’Brien Chad A. Dever Michele C. Perino Andrew C. Ryan Tasia E. Hanson CANTOR COLBURN LLP James P. Strenski CANTRELL STRENSKI & MEHRINGER, LLP Robert A. Carson David L. Newman Joseph P. Bonavita GOULD & RATNER
So Attis Industries is asking their sharehholders for their permission to do a reverse split. I'm glad I don't own any Attis stock. It was bad enough watching the price of GERS stock go down, down, down and for them to have to do six or seven reverse splits just to keep their listing. At least the GERS price is relatively stable.
In contrast, the one-year price chart for Attis stock shows a spike near a dollar, but then a long, almost unterrupted death march to its' current price near a quarter. Their two-year price chart is even worse. In April of 2017, their price was close to four dollars per share, so the current price of 25¢ is, by comparison, an even bigger joke. So is the Attis management team.
At the time that ATIS stock was coming down from its' $4 high, a bit less than two years ago, the GERS price was even lower than it is now, so anyone who bought it two years ago has an actual profit, and anyone who bought it two years ago and sold it for a price above 20¢ during the spike early in 2018 has a reason to have a big grin!