InvestorsHub Logo

elkhunter

10/02/20 12:36 PM

#42736 RE: RMS555 #42734

Nathanielsz may have to readjust the reverse split ratio upwards from the maximum of 1:1000 if the stock continues to decline or wait and hope for the stock to increase. Reason for the delay. The last two reverse splits gave the stock a post reverse split value of around $2.50. Currently a 1:1000 would be only around $1.90. Last weeks pump I believe was an attempt to initiate the reverse split but lost steam to early in the game.