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Catch the Wind Ltd V.CTW



TSXV:CTW - Post by User

Comment by actionplanneron Jun 30, 2012 10:48pm
353 Views
Post# 20073019

RE: RE: RE: RE: RE: Reverse split??

RE: RE: RE: RE: RE: Reverse split??

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 diluting less shares than at a .10 level for the need of cash. Let's face it , if they have enough cash in the bank to advertise , and get production rolling, they shouuld do that without a rollup. The share price wll increase dramaticly on it's own , and no pp or roll p will be needed.

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