10-1 Can someone tell me the logic on how the 10-1 reverse stock split is going to work?
For example. If the stock, which I hope, goes to 1.00, that’s roughly a bit more than 6 times it’s current value. Which I think it can do with some news.
Doing the split will make the stock price approx 1.60 as it sits. If people aren’t investing at .16 how the heck are they going to invest at 1.60. And 6 times that value would be over $9.00. How can we get people to invest at those price and they won’t at penny prices.
Seems to me like every conversation and phone call made talking about the split would be better time used calling people who need your product. Stock price will take care of itself if that happens
no?