LithLover wrote: The largest shareholder is now Health Clinics. I can't see them wanting a r/s given their acquisition was all in shares. The same for wanting more dilution through additional rounds of financing.
You would think the best scenario for them is to help drive revenue to improve the share price or failing that to garner enouih interest to obtain a buyout so they receive the $2 a share that was part of the agreement.
As the largest shareholder I can't see them just sitting back and allowing splits, dillution etc without pushing revenue or working on a buy out. Richard is now on the board.
Our mesely share count doesn't come close to what they hold and assuming the AVRT shares and UK shares get added thats a total of 12,400,000 + 8,000,000 +2,500,000 = 22,900,000.
A potential 23 million shares, I'm sure they want the share price to increase organically worse than us.
brad129 wrote: Seems like the reverse split has really achieved nothing, we are currently at the low prior to the split, let's all remember this when they want to do another one.