RE:RE:RE:RE:Beena is Worth Investing In! Hey Vulcan, I'm a long and have a total of 140k shares at 0.36 so I'm quite underwater in the moment so definitely frustrating to see this but I have to correct you on one thing.
you are right that reverse split is never good but having 700 million shares and if you think they will do a share buy back you can forget about that. We are sooo far away from being able to do that as we need all the money to finance the growth.
I do believe the company will do a reverse split like ACB, Hexo and others but they didn't go down as a result and yes we might be caught in more financing deals but these 700 million shares are simply unacceptable.
I actually think they do want to get listed on nasdaq so the R/s will be required
Agian I'm long so I'm not bashing but stating the ugly elephant in the room...crazy amount of dilution and bloated like a pig.