I somewhat agree with you about the future pps and market cap, however what I am disappointed and upset about management screwing investors over. The same thing that we are discussing now has been discussed when reverse split has been announced.
Well....sorry but PPS has went from $4 to $1.85. I won't call that a successful transition. What I have learned this time is that anytime any company for whatever reason will announce R/S. SELL SELL SELL will be what I will be executing and then buying it back.
Now getting back to increase of Authorized Shares, based on history of R/S where do you see this going ? Well I don't know but I hope not to 1.5 Billion like it was pre split.
What will investors say then ? All I am saying is HOLD MANAGEMENT RESPONSIBLE for what they say. Some people need to stop sugar coating every move company makes. Instead of neat picking what I say start neat picking managements PRs and we all be better off. I am a realist and do not put my head in the clouds when it is pouring rain. As I said before I have a big stake in this company but my vote will be NO.
Let big time investors, partners and bankers fund the company not just your hard earned money. THAT WAS THE PURPOSE OF MOVING TO HIGHER EXCHANGE hasn't it ? At least Huff said so. My memory has not failed me yet. What time better then now to let them fund the company after the move. Why you guys insist on using your own money after Huff himself said higher exchange would service that. WELL !!!!
No offence to you andtheretheygo.
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