The rs is not the issue for a producing company. When you take a non income producing company, slower moving and frugal ceo....
Issue 1: rs will effect you loyal shareholders, not Kim.
Issue 2: when you move to a big board, majority will not pay $15/Share (or whatever the reserve split comes out to) in current phase. It will continue to drop slow or fast until huge forward momentum progress is released. It’s has nothing to do with fundamentals, it’s a psychological. People are willing to fork up a money on cheaper priced stocks in order to get future mega gains on tons of shares they bought cheap. Higher ROI. But now you tell me I can buy a few shares at $15, I don’t see as much of an up side.
Going from $0.30 to $2 is awesome ROI and easy for me to see as real.
Going from $15-100, still good, but same ROI. The higher you go, people to research the heck out of a stock to see it’s legit and will look for rev. Yes, there are lots of money on big board not making money (BIO) but that is the “cool” kids popularity contest, and has peoples attention.
Verses the stage we are now, people will think the company is worth a shot and dump money....you have already seen this the last 3 months.
Just saying, not everything in market in fundamentally correct. It’s a big popularity contest and psychological warfare.
Personally hope it doesn’t go through. Get revenue, and buy back shares. Or have Kim be RS like the rest. Or even retire shares... the whole float isn’t being used.
News 
Market Data 
Discover 
AI
