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stark12

09/26/22 5:35 PM

#83477 RE: SpecialK2020 #83466

An organic uplist is usually better and I agree with you there but I think it would take us a long time to do it that way. The reverse splits that are a big red flag to me are when they allow a company to just keep diluting by consolidating shares then issuing shares. Shareholders wind up having less and less.
I've been invested in companies that do reverse splits and it has been routinely bad with one exception. That company did a reverse split to move up to a better exchange and that worked out quite well for shareholders.
Perhaps I am jaded by that experience, but I view the move up to a much better exchange as hugely positive and the execution of the business plan at this juncture to likely experience an increase in the worth of my total holdings. I thought we would have to wait until the mine was built and operating before we could uplist. Who knows what the world markets and stock exchanges will be like then? Getting this done now gives up a much better chance to take advantage of all the government and investor interest around REE and strategic minerals, and supply chain, etc. It's like we moved up from "A" ball to the major leagues.