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wallstreet1231

03/14/24 1:59 PM

#81559 RE: drugmanrx #81558

Hard to imagine pre split shareholders having much of an interest here post split. The 4k reverse split was just so significant of an event. Yeah, I get it, pre split holders are in the same equity position post split unless they are diluted by the new shares etc. However, going down to 250 shares for every million owned takes the excitement out for many.

Seems to me the only ones who might get excited on future announcements are those buyers post split. But based on the volume it doesn't look like there are many in this category. And I would think those who did buy post split are watching out for potential dilution through the 997.7 million new shares created through the reverse.

In short, hard to see why pre split holders would be too excited post split. And buyers post split could be watching over their shoulders for any potential dilution from the new shares.

What shareholder market is keenly waiting for updates? Has anyone heard from the company since the split?

If it is going to happen at all it has to start very soon. IMO.



My opinions.
Bearish
Bearish