GREY:ALEAF - Post by User
Comment by
Miamiruleson Dec 14, 2020 10:20am
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Post# 32099028
RE:RE: " AH" DEFINITELY NEEDS A " SHARE CONSOLIDATION" !!!
RE:RE: " AH" DEFINITELY NEEDS A " SHARE CONSOLIDATION" !!! Implication brought this up because I'm sure people in his office are talking about this .. The idea is to make offering of 50 million shares at .50 than do a reverse split 5 to 1. Aleafia would be $2.50 a share and be Nasdaq compliant . Aleafia still has application with Nasdaq for over a year , all that's needed is share price to be over $1.00 for a good period of time .. The problem is most times when a stock does r/S it goes down .. So Aleafia would possible go down to $2.00 which is only .40 .. I don't like the idea at all .. If Benic were to get line of credit (Bmo) the share price would climb to $1.00 especially with all the great news in the works .. When the earnings is announced mid March the stock price could go as high at 1.50 and become Nasdaq compliant .. Benic has to show some love for the investors !