institution buying It has been said on here that 50:1 split is to raise the price of the share above penny stock status so then institutions can buy. It is said on here that institutions can't buy penny stocks.
Its not that institutions cant buy penny stocks, its that institutions can't buy stocks with no income!
Companies with no income, mostly only support themselves by diluting their capital structure for cash.
The end result of doing that, is that the stock will undoubtively hit a penny.
Companies with no income are a gamble, institutions don't gamble because they are investing other peoples money.
I believe this 50:1 is a illusion. Much along the same lines as the P3 funding. Why did kwg announce the P3 funding? You would think they would have called P3 office first to see if they qualify and they would have told them that the funding is only for shovel ready projects.
If KWG wants to be respected, get on the TSE. That will bring in the big money.
###i presently dont own KWG, but will buy in when conditions are right-so im watching and waiting####