InvestorsHub Logo
icon url

lizardlover

01/29/22 12:19 PM

#37366 RE: drugmanrx #37365

yeah both points are equally bad moves from the company

this wasn't an honest mistake, its either one of these 2 things:

1. they are very incompetent

or

2. they have malicious intents

I am leaning towards the number 2 as I have caught them insider trading right on the day the letter was written (there were milions of shares dumped into the public float)
icon url

Wrangler1

01/29/22 3:48 PM

#37369 RE: drugmanrx #37365

I got my letter. Did you not get the letter? My understanding is that the letter was communicated through the transfer agent to the brokerage houses who hold shares for their clients. Don’t think this was some diabolical plan as some here state. I got my letter after some others. This is how they chose to communicate their plans.

I have read here that some feel this is “shady af” stuff. They did not report an actual split, but only authorized the ability to do so down the road. The reason for a future split is to move to a larger exchange.

I don’t think their communication was “shady af” at all. What is shady is when other companies actually execute a split without having stated their intentions.