RE:RE:RE:Dollar land is coming in 2018Liquidity. Low volume outstanding. $2.40 may be low for a split but the other option of simply issuing more shares is unpalatable to long term holders and the board given that dilution hurts them too. I can see it happening.
Greede wrote: Why on earth would they do a stock split? What is the reason, cause or benefit to that? There is none. That would never happen. But I sure would like to see your price target of $2.40 hit!
CAV3MAN wrote: With a little, positive production news regarding T27 this stock would be a dollar. I'm hoping it runs to $2.40 in the next four months and then splits 3 for 1 in advance of July 1, 2018. Once back at $0.80 post split, the price will be appealing for new entries and a run from .$0.80 back to $2.00 is reasonable. That would put the reserved for issuance shares at around $90M positioning TNY for sector consolidation and potential procurement of other mj consumables companies who require the Tinley team to execute.
Just dreaming using my own scratchpad values but within reason. Another PP when they have cash now and potential revenue soon would only punish us long timers who have loyally held and promoted the company for a year and a half.