GREY:COTQF - Post by User
Comment by
XRRH2008on Jun 29, 2017 3:39pm
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Post# 26421158
RE:RE:Share consolidations are amateurish at best
RE:RE:Share consolidations are amateurish at bestWhy hire 2 PR firms a few months ago? Damned if I know. They had ZERO impact.
If they are expecting good results for the Phase1, why not wait until then to do the share conolidation. That would make more sense. Time it with something catalystic in nature. Their timing is off. Who planned this? Their janitor?
The consolidation will NOT get institutional interest. Sure, they can't play in penny stocks. That is correct. But they also have MINIMUM market cap restrictions, which the consolidation will do NOTHING to satisfy. So we will have less shares, most likely a smaller valuation, followed by another capital raise and still no institutional interest. Unless good Phase1 results are imminent, this stock is dead in the water and Alison is sinking fast. Time to throw her overboard.