Post by
rborhi on Feb 03, 2017 5:43pm
17:1 Reverse Split
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.
Comment by
lscfa on Feb 03, 2017 11:06pm
Bloody 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.....
Comment by
Art35 on Feb 04, 2017 5:53am
So, will the shares be listed on TSX-V and on NASDAQ at the same time ? Or delisted from TSX-V and listed on NASDAQ only ?