RE:RE:RE:Reverse Split Vote -> Voting 'No' tomorrow
"Q"...I understand your frustrations with leadership team. After re-reading the circular, its unclear to me that a reduction in the ratio is a possibility. That being said, the company will not engage ideas 1 thru 6. The R/S is being done solely to secure the US listing...and at the same time allow the company to continue raising capital. Regardless of the point that they are just 4M short of positive ebida, their cash burn requires them to go to market. Insiders and other large ownership stakeholders will NOT remove the current leadership team. Imho, any possible, real growth and value to longs will not happen in the next 6-8 Q's. Just opinion. Cheers S7