Catch the Wind Ltd V.CTW

Reverse split??

[bluewolf2222]

I heard something about a reverse split of the stock? Anyone know if or when this is happening or is this a myth?

[xsnrg]

I have no idea whats going to happen with this re-branding.  A few of the "probable" things that will happen is a new name, website and stock ticker.  A few of the "possible" things that might happen could be a reverse split, a takeover (hence the need for rebranding but management obviously can't hint at that in their communications) and also a NASDAQ listing

[Dytyjeje]

Okay........ so if a reverse split happens is this going to help us?????????

[lukera]

It could go either way. stock splits are usually viewed as negative. However, a well timed news release (orders) along with the rebranding and new ticker might allow a reverse split to work in a positive way!  

[knoll]

a $4 share price is just one of the requirements, there is a time frame where they have to maintain the share price plus at least 3 other requirements they can not meet. Even at 10:1 they still will not qualify. Got to have one year worth of revenue and then some.TSX is the only way to go, no min share price but it does require a sponsorship.Companies forcasting profitablity get a break if they

[actionplanner]

A roll up of shares is never a good thing for shareholders, the share price always drops due to investors knowing the reason a roll up occurs is to go for a private placement at a higher share price .. Ie , a share price today is .10 and they roll 20 shares into one, the share price is $2.00 , hence has room to move downward , Why these companies do a roll up, is to do a pp at say $1.80 , thus

[DYNAMAC]

All this talk about a reverse split. I have one question about this. How would this benefit Hunter Hall one of our largest shareholders and other institutional investors? Can someone elaborate on that? I for one would vote against this if I was already a major shareholder.

[xsnrg]

I wouldn't get too concerned about it.  None of the company's communications have mentioned anything about a reverse stock split....its just bullboard speculation at this point.     Let's speculate about another hypothetical situation, how about a $5 takeover?   That seems more fun.