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Alley-oop

06/30/21 8:42 AM

#10368 RE: MRDALE #10366

If it is listed in the one of major exchanges. more hedge fund institutions will be in.
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King Dut

06/30/21 10:18 AM

#10374 RE: MRDALE #10366

Not to butt in rudely, but...we could also say that the fewer shares to trade equates to a faster increase by fewer shares bought. Remember the ultimate goal of a traded company is to increase value beyond a "penny share" of 1-3 bucks right? That is why we could push the argument that Once the RS happens, it would be to increase share price rapidly. Thus anyone could manipulate the Market, unless another RS happens to increase the overall Authorized amount.

That said, and not to defeat my own argument, but Nestle and companies like that have purposely opted out of a higher placement, due in great part to reporting issues (or lack there of on the OTC).

Thoughts?
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allenc

07/01/21 12:31 PM

#10422 RE: MRDALE #10366

This is true. But also to the contrary, there is no reason for the company to dilute after the fact, when dilution could have already been significant here. I believe this RS is to attract lower interest investors in the future. We should be able to maintain a PPS above $1 post split, but of course while trading in the pink sheets, nothing surprises me.

I have a really good feeling we are about to get some very significant, positive updates in the near future. JMO

GLTA holding shares.

BLPG