Replies to post #9720 on Zhong Nong Yuan Fang Holdings Inc (ANAS)

[PenniesGoneWild]

They did state in the PR that they want to reduce the SS.

Recently appointed President and CEO, Emmanuel Gyamfi, will lead the company moving forward. Mr. Gyamfi makes a vow to the shareholders to be as transparent as possible, and also to avoid a reverse split at all costs. While he feels it would benefit the company to have less shares outstanding, reducing that number will be achieved using several strategies including buying back shares in the open market once the company has a little more cash flow. The decision was made early on to strengthen the company's share structure organically because of the negative impact a reverse split often has on a company's market.

[Trustedpicks]

Might seeing PMRS announcing that soon. Will be huge. So much lined up here