Replies to post #114947 on Evercore Holdings Inc (EVHO)

[BirdsOfFire]

Wow, you have a lot say. Wish you well.

[BirdsOfFire]

In addition: Your prose is your opinion and you have the right to believe anything you want. I will not tell you that you are wrong, as well. Remember, you asked me and I gave you my opinion and I will stick by them. I will not go into a lengthy explanation to counter your statements. I sense your mind is closed and don't want to comprehend the essence of my statements. Again, wish you well.

[dcspka]

The "Going Concern" statement is crafted as a required legal notice, and literally does not change for Pinky Stocks with debt loads (like KGKG).

An RS only works when a company is clearly on an upward trajectory. 99 out of a 100 pinky stocks typically fair badly after an RS. The existing shareholders feel cheated, and the shorts and mm's take advantage of the situation. KGKG has yet to have a profitable quarter after all expenses and debt servicing have been factored in along with their growing sales.

Don't assume a RS is going to be a good thing for existing shareholders.

[justhefax]

You cite 2 main drivers for a RS. Agree that often to meet uplist share price status requirements , and attract institutional investors.

But a third, and it is common, is survival. Once share counts are lowered (RS) companies can go back to issuing more shares at higher prices to continue funding their operations.

It is also common that post RS the share price trades down, so pre holders get hurt.

Just nature of the beast so to speak and why timing and care , and yes, reading the K’s / Q’s matter

As you posted from financials -
“As a result, our continuation as a going concern is dependent on our ability to obtain additional financing until we can generate sufficient cash flow from operations to meet our obligations. We intend to continue to seek additional debt or equity financing to continue our operations.”

It’s business…. Just business….