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HGilS

07/01/23 8:25 PM

#381963 RE: IB_ #381962

A reverse split does not change the valuation of a company.

It reduces the number of shares and increases the price. But the price of the company stays the same.
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Pharma Sleuth

07/01/23 8:28 PM

#381964 RE: IB_ #381962

Lol. I will sell my shares on Monday cause the bogeyman might take them. Got it!
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mrwrn2010

07/01/23 8:43 PM

#381967 RE: IB_ #381962

If your theory was correct, why would Nasrat do anything at all to improve the value of the company? Why not just skip the sales and marketing altogether, just contract manufacture or something and that’s it? Make maybe 1-2 million a year in revenues, fire half the staff or more, let the stock drift as close to zero as possible as the company starts to appear “dead” or dying to the outside world and then scoop it up cheap.

He’s clearly not doing that as evidenced by building up sales and marketing division, planning for purchasing or otherwise acquiring additional facilities, continuing to fill the pipeline at all stages of product development and spending millions upon millions in R&D, mentioned possibly selling other companies’ products for additional income… if the stock price responded normally like other stocks do with positive fundamentals/developments, no one would be complaining.