TSXV:SOP.H - Post by User
Post by
BadMedicineon Apr 14, 2020 11:53am
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Post# 30907617
Is a reverse split by 10 being forced?
Is a reverse split by 10 being forced?It would take the price to 25 cents upon completion and then walked down to secure a placement at a 1 cent price point in todays terms.
A small placement to complete financials shouldn't take this long which makes it pretty clear that something more devastating is taking place behind the scenes.
Maybe they are trying to take it private upon securing the asset for pennies.