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skitahoe

04/04/24 10:00 PM

#42513 RE: Quikshft #42511

It's easy to see that they have control, all we can do is either watch and wait, or sell out. In that I like the technology they're bringing together here, I'm willing to watch and wait, and perhaps buy more if I like what I'm seeing. I mentioned EPAZ earlier today, and they too are doing some things that are apparently are also under management control. They too are working on improving batteries and drones. I believe if both companies worked together they could really produce superior products.

Gary
Bullish
Bullish

iamthe walrus

04/05/24 8:32 AM

#42520 RE: Quikshft #42511

I believe any decision on a reverse split would come later after they see how the new company stock price reacts . I think they would give it a while. Lets say we trade up to 75 cents , of coarse we want multiple of dollars , but lets say 75 cents and it settled in around there as an example . An 8/1 RS puts it at 6 Bucs 2.00 above the 4 dollar mark they would need to trade at as one of the things they have to do to qualify for Nasdaq . Lower level Nasdaq I think is 3 Bucs. If we settled in higher the split would be less . Keeping in mind the company is talking about building a battery giga plant which might involve some dilution in some way lets say they acquire a company they need we may see more dilution before a RS. I say they will wait sometime to develop the new company and and also see how it trades with news and developments within the next year. Remembering they are locked up for a year they can't trade themselves on the market for a year I see this next 6 months as a time to develop the company and grow to the point they feel they are ready for the bigger exchanges . Maybe then they have the data they need from the company financially and they have good developments from the silicon anode battery and established new partnerships etc etc then they can better make a decision on a RS .
Bullish
Bullish