RE:RE:RE:RE:RE:RE:GREAT BACK AND FORTH TODAYLol why would any one based their investments by talking to investor relations. Have you not learned anything from Route1. Were you not in direct contact and talks with managment there for the last 10 years. Anyways, the reverse split or consolidation will happen. I never said they will consolidate right after the AGM, that is what they are deciding at the AGM how to split them. And once they figured it out then it is just a matter of when. Nothing has changed here fundamentally, but the stock has been beaten down so bad, it is actually worth the risk down here to start a position and then average up from there. But at the mean time it is more profitable trading this. Anyone can see that this is being completely pumped up and manipulated. This is not about fundamentals but the FOMO. I am pointing out an easy trade here to make money, I just hope people don't get caught holding the bag when there is quick and easy money to be made. Thats all. Cheers.
yp01048 wrote: Incorrect. They will not consolidate after the AGM as that is a direct violation of the Nasdaq rule to do it beforehand.
The shareholders meeting will decided the quantity of the reverse split. Whether it's 5 or 15- and will be valid for a year.
read the SEC document for all these details.
They have until early January.
I suggest you speak to Tyler Burns-investor relations. He can explain it to you.