Replies to post #11804 on Top Ships Inc (TOPS)

[MD3]

Don't think they care. In 2017 they had 4 RS back to back. The OS is around 1B right now, they'll likely want a large RS ratio to shrink it down enough to be able to dilute another 1B shares. If I remember correctly, when the mentioned the RS ratio they also requested 1B Authorized shares

[darron427]

Exactly what it is. They're trying to keep it from completely tanking before the R.S.. If it drops to say .05 , they'd have to do a 20 x 1 split to just get TO a dollar and that wouldn't help them at all..

Meaning to maintain a dolar for 10 days or more and people know that they're a R.S king and diluting machine, they'd have to do at least a 30 or 40 X 1 R.S to make sure they can maintain that minimun or they would get REVOKED.

. They're pros at manipulating the price and trading now.. They've done it so many times, they know what's going to happen before it even does..