InvestorsHub Logo

floridagrl25

02/22/14 12:02 PM

#158906 RE: shajandr #158903

With American Premium Water Corp now moving rapidly forward, I believe a reverse split was the only option Al had to get the stock price up to a respectable level. The manipulation that was being seen daily in the sub penny range would never have stopped. The share price was being held down to keep it in a flipping range. That would have never changed. With the M&A in it's finalization stage and a celebrity endorsement expected soon, HIPH now paints an entirely different picture to anyone considering a business relationship with them. That's what was needed, IMO. I think the split was a necessary thing, but I'm sure anyone flipping HIPH shares in the past would disagree.