RE:RE:RE:RE:RVX - Managing PerceptionsHi G1945V. Thanks for the helpful perspective.
Regarding the size of the float from what I recall there were 80MM shares of which about 66MM being traded. So I'll guess that insiders own 36MM (this is purely a guess). That leaves 30MM shares to be traded.
Now, if they split the shares 10 to 1 a few things could happen:
- There would now be 300MM shares in the trading pool.
- Insiders still retain their control and % of the shares.
- The share price could drop to the $0.07 to $0.10 range.
- This would open up share purchases to various groups including those that play even more toward the penny stock investors.
- Institutional investors could come to play as part of the high risk aspect of their portfolios.
- This extra demand could drive the share price up.
- It would enhance liquidity for investors like me.
- It could drive the stock profile higher.
Just a crazy thought.
Cheers
Toinv