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Beauneedsbiscuits

06/28/21 4:34 PM

#84679 RE: kbaz #84668

What is it you think they left on the table. This is not an IPO. It is simply a shortcut to getting listed on an exchange. The only benefit they may have in the future is Raising the outstanding shares and selling some in the market... Or the benefit banks and lending institutions 10 to give companies listed on an exchange with a reasonable financial health. The only thing a stock split would do for them now is if it was to meet a minimum to up list. If it has enough following I've seen these reverse mergers at this point run in the short term a 100 times price to earnings. If the business is not in a rapid expansion phase then eventually the price can collapse but either way it's usually not for a while. Most of us here just don't have an idea of what you are really concerned about or what you think they are leaving behind