RE:RE:Roll Backlscfa wrote: Can be viewed as a positive....it is not a forced rollback (required to get sp back to TSXV min of $0.05) so maybe the co. has interest from investors who are prohibited from investing in stocks under $0.50, for example......
BigWave1 wrote: Just being postivie, but with fewer shares, if they have some positive news like a contract with a large pharmacy and need a pp to stock up, then perahps a tighter share structure at a higher value could lead to a better pp then having more shares at a lessor value. Just saying. I guess we will find out at the end of November.
lscfa - There is no such thing as a forced rollback as far as I know. Stocks under the .05 minimum receive appoval to issue shares under the 5 cent level.
Your final comment about the possibily of firms not being able to invest under 50 cents could possibly hold some merit.
Have a good day.