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Roily23

05/10/20 4:20 PM

#225627 RE: starkd748 #225613

Completly agree and any small cap stock with shares structure approching 1B is not going to go too far and with 22B the upside in minimal unless your day trading 1m per day and at 0.0005 its hardly worth the effort. 100:1 R/S makes this a player.
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Simpsonly

05/10/20 4:59 PM

#225635 RE: starkd748 #225613

Been saying that for 4 years, 3 1/2 to former CEO and months to current one. Fix the BoD and corrupt share structure are the two major impediments to sp success.

Advised the current CEO of adjusting those to ensure longer, higher run in sp, with greater sustainability, once deals are made.

Only time will tell if she is burdened with the genetic and behavioral weight and traps of the elder or can become her own person and admired by shareholders and the community as a competent executive.
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art2426

05/11/20 10:01 AM

#225698 RE: starkd748 #225613

>>>Good luck i never trade companies with a bloated overstuffed share structure....They never move out of subpennies or trippppppy trippppppps to pennies without a RS...Trading 101 share structure is king<<<



I am one stockholder that welcomes the news of a reverse split. Let's face it, it's going to have to happen eventually, unless we get the gift that Simpsonly has been preaching and the 'family' retires some of their 'ill gotten' self gifted shares, that will undoubtedly lift the stock price and subsequently their overall worth. Past history of 'family apathy of stockholders has me not holding my breath for that to happen. So IMO let's get this at least back into the pennies with a reverse split and reduce the outstanding shares back to where it likely will not shock and thus scare away new investors. Then if we ever get profitable, we finally could see a substantial price rise. With the amount of outstanding shares now, I don't see it happening. .0005/share says this way is not working. 100 to 1 seems fair. ALL IMO.