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PennyHoper

02/17/23 11:23 AM

#17178 RE: SidVicious #17177

Re R/S to up-list - There's no way to know the answer to that without hearing from Nixon directly.

If Nixon announced a guarantee of NO further dilution, only then would a R/S to up-list make sense. Otherwise there's no reason to expect behavior other than what is typical for sub-penny stocks, which is to R/S and immediately dilute, dilute, dilute, to print money without regard for retail investors (who are stupid enough to buy those shares).

[PRs often have weasel words about 'the foreseeable future' that allows for no guarantee about anything said in the PR.]

Of course, that doesn't matter unless he files to trade again.

Filings would also show whether -- during the time he's been NOT filing, including time both before and after being revoked -- he has issued preferred shares that may be converted to common shares. If he has, those preferred shares represent the threat of further dilution.

If Nixon files, another obvious indicator of the future is whether WCVC share price increases above .0001 and stays above it for a reasonable length of time. Who would trust a R/S to uplist on a stock that no one believes will do anything other than nose-dive into the ground again?

[A side question is: what are the rules for up-listing after a R/S? Does the stock have to maintain its R/S price (within a reasonable range) for a period of time before the higher exchange will allow it to enter it?]

train21

02/20/23 5:08 PM

#17200 RE: SidVicious #17177

$WCVC SIDs HERE $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$