Replies to post #33797 on Life Clips Inc (fka LCLP)

[rynlrt]

They can't cancel it if the company wants to be on Nasdaq. OS needs to be reduced

[Dolly Llama]

You're right. Many associate a reverse split with penny stocks that were sitting for a long time at .0001, followed by a reverse split, and then followed with the pps declining slowly again back to .0001 as the company dilutes. But that's not the case with LCLP. Under the right circumstances an R/S can be quite good for stocks. I've seen it.

[amc]

I actually see this gapping after a R/S because people will be eager to jump in so it would probably be better to own shares pre R/S imo