RE:RE:the next news release should be about the reverse split@Smokey1958: I absolutely agree with you. It would be the worst time for an R/S! You mentioned some of the reasons.
I would like to add something else.
In most cases with pennystocks, the SP only increases to the split fitting price at the beginning. The MC remains at the right level. But shortly afterwards, the SP continues to fall and the MC also falls below the level before the R/S. This means a loss for us investors.
And then the next loss of value begins. As a rule, the R/S is made in order to finance the company itself via the capital market. I.e. a new distribution of shares. This then results in a further reduction in SP and the next loss of value for the shareholders.
Datametrex says they can continue to finance themselves by their budget plan. Then an R/S should not be necessary!
If the company operates healthily, then an R/S also makes sense for shareholders, as it enables the company to finance growth plans via the capital market, but does not itself lead to a loss in the value of the SP and MC and thus a loss for the shareholders.
If you were to ask me, I would definitely be strongly against an R/S at this point in time!