RE:RE:RE:AGM and share consolidationThe RS has been muddled over for years. The talk has picked up again lately and for all the talk of organic growth and it's not really an option, more just a formality. GARBAGE.
Why would anyone other than the fat cats support the reverse split.. In theory it sucks used only when the stock has no momentum and is falling beyond certain levels, like a mad scramble to gather the pieces.
In reality they're trying to sugar coat it by saying Nasdaq, and 10$, less volatility blah blah blah. My A$$.
The RS will be the worst thing this company could do for itself, and it's investors...seeing the ratio go up from 1-4 to 1-6.... someone mentioned 1-10. That is ridiculous and I would be livid. Don't give a sh!!t if the meds work or not either.... it's called shafting the investor and it isn't cool.
If they do it for the purpose of getting listed on Nasdaq...watch this thing get driven right into the ground.
IMHO that you can all write off and most will.