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wow_happens28

05/05/22 8:35 AM

#9676 RE: confusedtrader #9675

With Continental selling now, I see now way to not need one, unless they had a blockbuster deal. I have seen a couple of stocks have a great rally right after the split. Guessing they only have enought shares on the shelf fo a 1 for 2, so for the SH meeting, we will have to vote for more shares. I don't think we'd get a block buster deal until we get the reverse. RIBT had a 1 for 200 a few years ago.

wow_happens28

05/05/22 9:14 AM

#9679 RE: confusedtrader #9675

And that filing does NOT mean we will have a reverse split. If blockbuster news comes out before then and the stock is over $1 for 7 trading days it will not be needed. That filing is a prudent thing to do.

Remember Mitchel got a 1,000,000 warrant bonus on 12/15 priced at "0". Guessing he did something we don't know about yet, such as selling Golden Ridge and hooking up to as many as 5 other mills to make SRB for new custimers. Yes at this point I am dreaming a bit big, but at yesterday's stock price that is a $450,000 bonus. And that is paid like 20% for the next five years, stating 12/15 this year.. Bradley seemed to get his monthly allotment raise a bit last month too by well over double.