OTCQX:FRNKF - Post by User
Comment by
lscfaon Feb 03, 2017 11:06pm
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Post# 25798735
RE:17:1 Reverse Split
RE:17:1 Reverse SplitBloody CEO is rushing it....I guess he expects the co. will get more respect on the Nasdaq than TSXV but his poor performance is what is stalling the stock.....
rborhi wrote: Well there it is, should make things interesting in how the stock trades. Makes a new share value of $8.67 based on today's close.
Accordingly, following the Consolidation there are approximately 2,032,310 Common Shares and 97,673 Restricted Shares issued and outstanding.
Talk about a tight float!
Now I wonder how many more shares will be created when they do the next financing. With such a low number of shares, the stock won't be very liquid, not many shares to go around.