Replies to post #4073 on Jaguar Health Inc (JAGX)

[ShadowDiviner72]

I don't know what people expect. What does the company need to do? NOT PREPARE? I mean they need to be Nasdaq compliant before May 2024, or they will get delisted.

So offcourse, they are not only going to hope on the good P3 trials. You need to be CERTAIN that you will be compliant. That is exactly what they are saying, it could be a 1 for 2 reverse split, or a 1 for 150 reverse split.

They will see what they need to use, IF they need to use it... just building in certainty. Which is good news.

The other part is about issuing shares to certain accredited investors, for example Streeterville, or new big investors, it's litteraly written in the filing.

But okay, it wouldn't be a penny stock, if retail is not stupid enough to go nuts on the word 'reverse split'.

[TJG]

I am trying to digest this, its completely out of the blue... no idea why if they are going to be announced as a presenter at the ACCR they chose today to announce an RS... going to have to read the filing a couple of times... big let down to say the least

[peterus]

i trade to make $

[peterus]

im the smart 1 weeeee