RE:RE:RE:RE:RE:RE:RE:RE:NASDAQ
bullman246 wrote: Core One Labs IR has repeatedly told me that they are all about preserving investor equity. How then can any reverse split that steals shares away from us (the last one took away 5/6 of our shares) preserve and enhance investor equity? If the last 6:1 reverse split had resulted in a 6X s.p increase, then it would have been OK, with no loss of equity. Instead, the LDS s.p went down after the reverse split, due to the understandable animosity towards Brad and LDS. So, we incurred even more loss than a 6:1 reverse split. And now, there could another one coming?
How certain is a PP or reverse split? I agree that this is starting to look like more of the same shenanigans with Brad and LDS. Out equity is surely being diluted away. Especially, with the sweetheart warrants deal for BlueJay, offering CoreOne stock for $0.05, at our expense. Already, the s.p must go to $8.00 in order for me to break even on this LDS converted stock. Anymore reverse splits and I will have almost no shares and therefore no equity left.
Instead of constant borrowing and spending to expand, how about generating revenue? What happened to the popularity of Cannastrips nationwide and globally?
Sweetheart deals, reverse splits, cheap warrants, etc, etc. are supposed to preserve investor equity? Hmmm... maybe you heard it wrong & it was insider equity? Those $0.05 warrants & their Nasdaq intentions say it all for me... JMHO.