GREY:ISOLF - Post by User
Comment by
Stoneralltimeon Jul 12, 2018 10:48am
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Post# 28305840
RE:Why most reverse splits are typically bad
RE:Why most reverse splits are typically badHahahahaha and this will be the ONE TIME in history where it will be good!
ya right! how can I prove it!!
Just look at the price of the stock.! nobody is convinced yet!
keepitrealhomie wrote:
most companies, especially the crappy ones in the mining sector, do reverse splits to bring their share countdown and the share price up, and then immediately or close to it, proceed to dilute the company to raise money for operations since they're not making any money. This is the complete opposite with us. We are making money, and we're growing fantastically well. Meaning there's no need to dilute after a reverse split. Play it as you will but I'm willing to bet and take the risk that the results will be much different compared to what normally happens. Remember the efforts of level Brands hasn't even started. we have a pharmaceutical grade CBD based drug in the works. Where are the largest CBD supplier in the world. Our return on Capital expenditures is much greater than a grower. Also not everyone is going to use weed or THC base products... But they definitely will use CBD.