OTCPK:NWKRF - Post by User
Comment by
321Blastoffon May 24, 2018 1:27pm
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Post# 28076247
RE:A Reverse stock split must be in the cards......
RE:A Reverse stock split must be in the cards......The new bought financing should only bring the outstanding share up if the company has issued new shares. According to the news release the shares come from the treasury, which I can only assume means the company has sold some of it's held shares. Anyone care to comment ?
Regarding a RS of course this will happen eventually other wise they waouldn't have voted on it. So it lies somehwere in the overall plan. When will it happen, will it be good ? Time will tell. I however am not very optimistic on that particular point.