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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Rollback?
View:
Post by FredZarfloon on Sep 12, 2023 5:15pm

Rollback?

10:1 rollback would create .90 cent stock at 39 million shares. Much more respectable.
Comment by subaru1i on Sep 12, 2023 5:27pm
Based on the future potential of LABS that would be SUICIDE by limiting the number of institutions that would consider buying LABS for their growth funds.   Most pension fund managers looking for long term growth won't consider buying company stock unless they have 500 million shares outstanding or more.   Secondly with what LABS has going on and their balance sheet health, ...more  
Comment by FredZarfloon on Sep 12, 2023 5:48pm
LOL - this is a Venture penny stock with OTC listing. Rollbacks of high share counts are par for the course.
Comment by mdjbrown on Sep 12, 2023 8:41pm
LOL FZ    Most pharma companies have far more shares outstanding. Medipharm absorbed the outstanding shares of Vivo after the recent takeover,so we are doing pretty darn good! Trading on Canada's highest exchange, so you might need to do a little more dd?
Comment by subaru1 on Sep 13, 2023 9:35am
I totally agree with you Subaru1i, a rv would be the worst thing to do and Pidduck never mention anything about that, so let's move the price action with good sales and good development by his own.
Comment by mdjbrown on Sep 13, 2023 10:04am
Agree s1 A lot of shareholders here got burned by the warrant expiration which came as a bit of a head scratcher when Vivos warrants continued, so any discussion on a consolidation would really send the wrong message. Especially considering in the past, large volume days for Medipharm trading often include Restrictive Stock Units being sold into the open market by corporate insiders. This ...more  
Comment by subaru1 on Sep 13, 2023 10:42am
I got burned with the warrants, when i bought them i was under the impression that the $0,70 execution would be very easy to reach, i was totally wrong and i wonder when we will see $0,70 again.
Comment by Starkicker on Sep 12, 2023 7:13pm
The moment they even mention rollback I'm out.
Comment by Romulus22 on Sep 12, 2023 7:56pm
Never had a reverse split go well. Ever! Kiss of death. Better not after having held so long and averaged down. RS would spell disaster. Why do some posters pop up with this suggestion every now and then?? 
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