RE:RE:RE:curious about the exchangesThere are two reasons not to worry about a reverse split, 1. there are catalysts in the near term that could move the price so they could finance at a higher price plus their association with LKSKI and 2. their largest shareholder Roger who continues to add to his position said at the AGM 2 years ago there would be no reverse split.
I know conditions change but Roger was adamant about it. Having said that this is an old topic that rears it's ugly head every few months when things are slow so that may be the biggest reason of all to just forget about it.
Infinity wrote: Agree with you Big K57, a reverse split at this stage would completely disasterous to the selling price. Had a small investment in a canadian canabis company FSD Pharma ticker HUGE that went through a reverse split so that they can uplist to the NASDAQ that resulted in substantial losses. The selling price never recovered and ultimately the CEO who decided on the uplisting got fired. I was not one of the lucky ones that got out before the reverse split, but my exposure was limited....
DJDAWG raised a very valid question. I only hope that Theralase does not fall into this trap of a reverse split in order to up-list to NASDAQ. My reasoning is based on the fact that the insiders have a much bigger stake than I do. In the event of a reverse split the insiders would lose the most!!
I know there are many other stockhouse members who are holding substantial stakes in TLT can someone share their beliefs and knowledge on a reverse split please?