OTCPK:MEDVF - Post by User
Post by
deepoil0808on Nov 01, 2021 11:54pm
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Post# 34075874
INSTITUTIONAL INVESTORS want MEDV shares (Bullish)
INSTITUTIONAL INVESTORS want MEDV shares (Bullish)Background to and reasons for the Share Consolidation The Board believes that it is in the best interests of the Corporation to reduce the number of outstanding Common Shares by way of the Share Consolidation. The potential benefits of the Share Consolidation
• Greater investor interest:
A higher post-Share Consolidation Common Share price could help generate interest in the Corporation among investors, as a higher anticipated Common Share price may: (i) meet investing guidelines for certain institutional investors and investment funds that may be prevented under their investing guidelines from investing in the Common Shares at current price levels; and (ii) allow investors to leverage their investment by meeting margin eligibility requirements