Antibe Therapeutics Inc(Pre-Merger) ATBPF

Consolidation tomorrow !!!

[MrMugsy]

It’s official - reverse split tomorrow !!!!!

[Tricks]

I don't see what the excitement is about

[Danorrn]

I know. I've never had a good RS. All might selling and buying to double my position and now I end up with a tenth of my holdings. If theres a sell off at end of day then I also end up with less value. Right now I'm a bit angry but I have to wait and see. Of course it happens on a day when I have to be at work and can't watch.

[MrMugsy]

Easy fix for that Danorrn ... don't focus on the number of shares ... focus on the market value of your holdings. I hope this is your first "good" RS.  It could be my second ... and far better than my first. Fingers crossed. Cheers All !!!

[Danorrn]

Fingers crossed Mugsy.

[Pandora]

Over the past approx. 3 years this is about my 9th RS (flavour of the day it seems) and I am still waiting for my first good one. Of note there are always many that say this one is the exception - including most of the CEO's. Rose coloured glasses would be a phrase that comes to mind. I also doubled my position - that was one day before they announced the PP and the two bosses were selling a

[MrMugsy]

Ya - I remember seeing a reverse split recently ... 1 for each 201 shares (if I'm not mistaken).  I couldn't even figure out what that company was actually doing and why on earth they thought going to the NASDAQ was a good idea.  That kind of foggy business is good for laughs, not buying. A company like PRN had one mission in the USA and that was to ramp up sales.  Very

[MrMugsy]

Well ... if our past experience is an indication of our future success than It's the next step in the journey of a growing company.  In this case, it's one direction in a strategy that tells Big Pharma we can do it with you or without you. 1,  Get the consolidation 2.  Comprehensive update to follow 3.  Eventually drive share to $8-10 as trigger to a US exchange 4

[Forestview]

Need to wrap my head around a $8-$10 share price --- it's actually $0.80 to $1 as of today, pre-split.  Just only slightly above our 52 week high.  Good progress, I guess.  But hoping for much greater gains.  

[aussyspitz]

Forestview, It is hovering at 40 cents a share pre-split.  Consolidation will result in dividing the quantity of shares by 10 and multiplying the share price by 10 which will give it an approximate sp of $4 a share. 

[MrMugsy]

Agreed ... it's just a green light for going to NASDAQ (in my opinion). I could be wrong but I'd guess the company believes it can get to a fair market value without too much effort. That's where they need to do a bang-up-job on the upcoming letter to shareholders.   - confidence in the technology - excitement w.r.t P3 - research updates That would be a great start !

[Benedict16th]

As penny stock institutional investor are not allowed to invest into ATE neither in Canada or USA despite ATE huge potentials. Simply look at PRN after the RS and Nadqa. Also it makes it easier to raise funds if AtE will go at it allone to phase 3