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MJAM2020

04/12/24 5:06 PM

#167324 RE: jay_tee #167322

Yea I'm in the same camp. Most people panic when an OTC reverse splits because the greater majority of them are basically scams or just bad co's that will end up diluting the price back down. If RNVA is now operating profitably on a yearly basis then a R/S should have little to no effect on price. Sure some might still panic off the bat..but the price would likely recover. And also Earnings per share would look pretty good to new traders looking in. :)

imho
mj

BBB

04/13/24 11:39 AM

#167347 RE: jay_tee #167322

'jay_tee - disagree - example, share price is 10 cents and after RS stock price it's $1.00 - Now B4 the RS it's easier to go from 10 cents to a dollar then it is to go from $1.00 to $10 after RS