TSXV:RBI.H - Post by User
Comment by
ryansworldon Nov 25, 2018 6:50am
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Post# 29018532
RE:RE:RE:RE:RE:YIKES !!! .005
RE:RE:RE:RE:RE:YIKES !!! .005It is likely that the drop to 0.005 is because of the stock consolidation of 1 share to 25 shares from the announcement and penny flippers that are trying to purchase at half a cent to sell at a penny or two in the meantime. At some point this is going to be halted and then we will see what it is going to become in the future. I own shares that I purchased between 0.015 and 0.03 and will be waiting for things to come so I suggest you wait and see with the rest of us. The fluctuation will be here until it is halted for news and that will hopefully be happening soon.
At the Company’s annual general meeting held June 20, 2018, the shareholders approved the
consolidation of the Company’s issued and outstanding common shares on the basis of one new
share for up to 25 outstanding shares. The Company’s directors have determined it to be appropriate to implement such consolidation; and as such the Company’s 87,083,788 outstanding common shares will be consolidated to 3,483,351 shares.