Replies to post #18210 on Positron Corporation (POSC)

[junkHustler]

We will agree to disagree. If this was the plan they would have announced news before the RS. Doing it now will just keep everyone on the sidelines.

[robertbtd]

Wait a minute, yes, there are rules!

There are no rules restricting/guiding the timing of news release

There are rules guiding the timing of material definitive news. That news is required to be released within 4 days, regardless of whether it is before or after a stock split.

It is much more likely for the share price to hit $0.05 from current levels with the announcement of financing, than to climb to $5 from $0.30

It's a 1667% increase either way, using .003/.05 -.30/5.00. What might make a difference is the float. Pre-split float is 768 million shares vs. post split of 7.68 million shares. Considering the low float after the split, I believe that the price will be more likely to make the 1667% move from .30 to 5.00.

Robert