GREY:MRRCF - Post by User
Comment by
UniverseofLimeson Dec 04, 2018 2:22pm
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Post# 29062866
RE:Reverse split
RE:Reverse splitBeleave did not do a reverse split as they were a 7 for 1. Meaning 7 shares given for every 1 share held. Wayl wants to do a reverse split of 1 for 3. Meaning 1 share given for every 3 shares held. Supreme was the only stock I have seen thus far do a reverse split and come out ahead, but that was in the day of pre-inspections and the valuation was very low from a change in business plans walking into the cannabis market. Vodis is a prime example of a reverse split and the damage done to a company.
pecraig67 wrote: I know all companies aren’t the same,but everyone should look at beleave kannabis they just went through a 7-1 RS An hasn’t done anything for them they are sitting at .08 in US.