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Alley-oop

06/24/21 9:23 AM

#10186 RE: Smallblock #10185

RS is better because very less shares are in float.

When merger news is released, more friction to move up quickly.

Hedge funds can also invest once the stock is listed in major exchange.
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King Dut

06/24/21 9:57 AM

#10188 RE: Smallblock #10185

YES!!!!! Come on BLPG!!.
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OMOLIVES

06/24/21 11:02 AM

#10191 RE: Smallblock #10185

? They have almost a Billion shares outstanding due to unrelated past debt. Absolutely nothing to do with an up list and everything to do with:

The Company is effecting the Reverse Stock Split in order to reduce the number of authorized and issued shares to a more manageable number.

The share price can now appreciate to a much more desirable level...as well as....be utilized effectively to conduct transactions.