InvestorsHub Logo
icon url

stockorus

10/03/22 9:28 PM

#214789 RE: theswordman #214788

What's your explanation why there was no reverse split for the past 3 years? I started imagining this stock somehow will not need to do one "forever", but have no reason to justify that hope either. What exactly is the tipping point which will make the company do a reverse split?

I will say frankly at this point that the main reason I am not bailing the stock is that I can't digest the loss. But seeing the price be lifted from 0.4 to 4.0 on an RS and then dilute back down to 0.4 would simply be too much of a torment. They simply must back up an RS with some proper news so that it can find new reason to hold that level.