News Focus
News Focus
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iamthe walrus

08/30/25 5:27 PM

#207 RE: gail #206

OS share count only 2.5 million. Pre market trading will be interesting Tuesday
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iamthe walrus

08/30/25 5:56 PM

#208 RE: gail #206

10 to 1 reverse split took place March 7 2025 to satisfy the NASDAQ listing rules to stay above 1 dollar. The company has some revenue, about 1.6 million quarter ending June 30
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iamthe walrus

08/30/25 7:04 PM

#209 RE: gail #206

Before that reverse split March 7 2025 they had a sagging stock price , chance of being removed from the NASDAQ and no real news and no real interest as they could get dropped from the major exchange . The result of the reverse split brought the price up to a much better stock price to stay on the NASDAQ and here 5 months later good company news and a very small float of 2.5 million shares and you have a jump in the stock price on Fridays news .