Replies to post #60133 on Energy One Corp (EGOC)

[ItMakesCents]

Fair enough. I have the mentality of a scientist and am a pragmatist, show me the evidence and I change my way of thinking.

Admittedly, I have little experience but a 250:1 RS will require major inflow of new investors to lift the price sufficiently.

I am having a hard time seeing it reach the equivalent of $0.20 per share, which is where I believe folks thought a billion dollar company could attain. That would require $50/share after a RS.

[turn144]

Only if the company has positive momentum and the split is seen as a corporate action to take it higher

If company is floundering and it’s viewed as a way to dilute to move shares into the market - then that’s a negative

Not sure where this is because the information flow is sporadic at best and the china connection complicates it further