He can't set the price. The market sets the price. We have to see his next move and see the books. We go from there. Good numbers and cancellation of RS would push this really really high. Way beyond .005. JMO
Personally I've been in favor of an RS because it makes sense with the offering. I've been in COHO for a year now, and this small RS coupled with a potential big acquisition should make the stock very attractive.
Plus since we already were way undervalued and trading at a low pps for a while before the RS announcement and with the panic selling that drove the pps down way further, the post split has a potential larger upside afterwards IMO.
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