Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Resource Capital Gold Corp GDPEF

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Comment by damianchosenoneon May 24, 2019 11:32am
38 Views
Post# 29771184

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PERFECT - RCG - PLAN ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PERFECT - RCG - PLAN ?If you are an existing shareholder and your share price is a penny or two then a 10 to 1 doesnt really change things. There were 40 million shares sold at those prices so for those shareholders a consolidation is ni big deal. The new investors that will get 200 or 250 million at 10 cents and then do a 10 to 1 also wouldnt care as they would prefer all the old shareholders to have 10 times less shares. Gary Lewis also wouldnt care as he has shares at a very low price and already made his investment back with a 25 cent gypsy swap a few years back ( shares he has now are virtually free).. However, the existing shareholders from Niva Scotia and others that financed at 9 cents and 25 cents and 12 cents and all the different shareholders that I know that bought at 12 cents and 22 cents and 16 cents wpuldt really want a 10 to 1. Their chance of making their money back is virtually impossible If that happens. For someone that has shares at 2 cents going to 20 they make their money back, new investors would double their money and someone at 20 cents would need to get to 2 dollars. Not going to happen and an bad deal for all the old shareholders. A merge for a fair amount of shares with another company wouldnt require a consolidation and every company out there would do a better job of dufferin then rcg!
<< Previous
Bullboard Posts
Next >>