The date of the Reverse Split should be very interesting to everyone ... It takes around two weeks after a reverse split for a stock to trade normally ... So the split happened at close on December 18th ... Two weeks from then is basically January 2nd ... Stock loss selling will be done for starters ...
At a Stock proce of .45 right after the split with 15 Million Shares Outstanding life will be different ...
For starters, the Market Cap will still be close to one third of Revenues ... Just like it is now, and the Company is not only profitable, but has more business than they can easily handle.
And we will have a new group of investors ... Many folks whom invest in stocks around a penny are already gone, and the new class of investors will be folks looking at stocks in the .50 to 5.00 area ...
I am extremely optimistic about the Future here over the Next 6 Months ...
Marry Christmas, and God Bless All ...
Shermann
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