Going_4_it wrote,, "... if they are going to be successful then they are going to need a lot more shares to sustain the growth."
Yes, I agree. More shares are needed. I bought under $10, thinking it was good. But only a few years ago they survived by doing a 1 for 10 reverse split, making total shares just under 4 mil. And I held, believing the company had it right.
The company survived partly because people held.
Yes, the company needs more shares. They could get more shares if they would reverse the reverse split by doing a 10 for 1.
That would make the shareholders who held whole. And provide many available shares to raise funds . But they're not doing that. It's a disappointing sleazeball move.
I believe in the company. But this remains a disappointing move.
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