Replies to post #6740 on Helix Technologies Inc. (fka HLIX)

[NobleRoman]

The correct answer is vote YES. And you have no choice. Mere formality. The vote is a done deal.

I'd love to explain it to you, but I don't have the energy today.

[GloblDefensInitiativ]

Reverse splits happen but when they do you still have the same monetary amount as you did prior to split. Sure it would be nice to have 100,000 shares at $20 instead of 5,000 at $20 (just an example) but to trade on the nasdaq you need to have a higher price per share than what it is currently at. I would have liked a 5-1 or at most 10 to 1 split but the stock price was too low. Blame that on the biotrack people who had 20 million shares and dumped them all which ended up crashing the share price. If anyone should be sued it’s them. The merger will happen but since it’s coming people want their money so lawsuits are flying, people called the ambulance chasing lawyers. I do still think it’s also a way to keep the share price down but that’s my opinion.