Neovasc Inc. NVCN

Vote No To Stock Split - Here's Why...

[PingPong888]

I bought 10,000 shares at $4.00 and now its at $0.05. Now Fred CEO wants a stock split? There is no incentive for long investors. Vote no to stock split. If this tanks again after a stock split, will Fred ask for another stock split? Perhaps the company is forced to get bought out. This has a better incentive to investors.

[tinymanipulator]

so sad u lost everything

[Barewood]

PingPong, a reverse split may not happen, it is there only as a measure to remain listed on the NASDAQ and, concerning the 2017 financing, if the Company is not able to amend provisions or obtain a waiver of such provisions in connection with its efforts to address the challenges to its capital structure, the Company may elect not to proceed with the reverse stock split. I don't know if

[pleazu69]

"May" not happen @barewood If Fred gets the ok vote, then Im sure as sure can be, he will move ahead and then finance by diluting this all over again, sucking the value out of the stock holders once again. Vote "NO" let it delist and let Fred work for his money, Im happy enough trading it down at this level. Remember its part of his contract to get his bonus.  1. 

[Barewood]

I don't think Fred is that naive and yes he does care because it's investors he needs. He is looking to bring the remaining warrants and notes thru ammendments with having a more appealling less diluted share structure. Neovasc needs the U.S. market for the following reasons as is outlined in today's NR:  Consequences of a failure to effect a reverse stock split and remain on

[Sanderz]

If the company chooses to do a 100 to 1,that would make our share price approximately $5 or so. Who the hell is going to start buying tat those levels? You'll see a bit of buying but the sp will suffer in a short amount of time in my opinion. Many people don't like to buy stocks at a higher price, despite the market cap. Plus, $5 has a lot of downside as well.. So I think a reverse split