Post by
Kusanation on Aug 18, 2020 6:42pm
Reverse Split at AGM?
What do you think the chances are of a reverse split coming on the Aug.20 AGM call? I say this in light of them doing it in hopes to land on NASDAQ in the fall as they have stated that as being one of their goals in the past. I would really like to be back around the .70 range before the RS for our sake. Thoughts?
Comment by
MUGMODs on Aug 18, 2020 7:36pm
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Comment by
MUGMODs on Aug 18, 2020 8:08pm
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Comment by
Lookingforclues on Aug 18, 2020 8:42pm
As it stands now, the meeting will push out from 2020 to early 2021 and the Phase 3 trial begins in Q2-ish. Fingers crossed for little further delay. Mugs...how long have you been saying that...Does that mean another year which has 12 months!
Comment by
MasterAlgae on Aug 19, 2020 12:05am
Chance of a RS at the AGM? 0%. Stock needs to be $4 USD to get a NASDAQ listing. We'd need to see ATE north of .60 for X number of days before a 10:1 At today's exchange rate .60 = .46 so a RS would be $4.60 USD - might be cutting it close to the wire even at that price.
Comment by
Kusanation on Aug 19, 2020 12:21am
But who is to say they would do a 30x1 at .40 cents?
Comment by
MUGMODs on Aug 19, 2020 6:25am
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