TSXV:CLAS.H - Post by User
Post by
Red~Oneon Jun 09, 2021 6:22pm
160 Views
Post# 33359768
RE:Those who assume Reverse Split is the solution are naive
RE:Those who assume Reverse Split is the solution are naiveFrom previous post:" However, there are companies which have done RS accompanied with good PR's who succeeded. In my opinion, CLAS is the exception of the rule and will succeed. So, wait and see what happens after 17 June, before judging."
The only one that I know that was a penny stock that lived thru a split was BLR and the big difference there is that they have good management, a plan and a product.
CLAS have none of that, other than a potential world changing drug that has yet to be proved and yet to be licensed by CLAS for it's intended use. Like a hunded or so other Pharma penny stocks . Promises
So to say , wait and see after the AGM might be too late, to deterrmine if there is to be a R/S. After all it is up for a vote.