InvestorsHub Logo
icon url

Dr Bala

11/18/22 11:17 AM

#535002 RE: Grip it and Sip It #534995

Agreed. A 5:1 reverse split would result in an 80% loss in investment in a matter of a few days, imo.
icon url

HappyLibrarian

11/18/22 11:28 AM

#535012 RE: Grip it and Sip It #534995

If NWBO management had a better track record or doing things in a timely fashion than they could get away with an R/S for the ostensible purpose of uplisting.

I think that with more confidence building steps accomplished and paired with a clear uplisting plan with explicit time frames they could get away with an R/S.

But to take that step without preparing the ground and making up for all the nonsense they subjected shareholders to would be a disaster and I do not believe even they are that arrogant or tone deaf.