RE:RE:HmmmGObabyGO1 wrote: I think your right. $0.08 will probably be the support here until some news can push this to the next level. Shareholder meeting today...be interesting to see what is brought up. Lots of good news coming...be patient here good things are coming.
So,I was thinking because someone mentioned of a reverse split over the weekend. (just their opinion, could or could not happen).
If they have one, and this is just my thoughts. Not knowing if it happens or not. (Not my company)
The Total Shares are at 249.50 million, and Shares Out at 782.09 million which = to 1,031,590,000 billion. (info. at Stockhouse charts).That being said, any kind of r/s in my opinion would be a 10/1 or a 15/1.(theoretically thinking)
A 10/1 r/s would make it 103,159,000 shares outstanding, and a share price of $0.229-0.23
A 15/1 r/s would make it 68,772,667 shares out standing, and a share price of $0.34.
As it stands, the Total shares are equal to the current share price of $0.095
If added both Total shares and Shares Out and do the math, it turns out to make the price of $0.0229, which is why these pp's are at $0.01- $0.02, AGAIN just my Thoughts.
JMO, GLTA...