Post by
Jumpinjackfast on Oct 28, 2021 3:43pm
Reverse Split !!!
Don't do it at 30 to 60 for 1 way , way to aggressive , going forward the long time shareholders are getting wronged on this , this share problem was nothing but MANAGEMENT'S fault only thing there ever accomplished was capital destruction since there quick sale scheme 3 yrs. back always Partnership and it was those 2 greed consumed individuals . They need 10 to 15 split at best if they had some great news coming or revenue they wouldn't be asking for such a chopping , they need Non Dillutive capital backing , then they can raise capital at fair price it's the only way to preserve shareholder value , if that matters . What a scheme it's the shareholders fault we failed to partner on the ALS, PD .
Comment by
Thenorth1990 on Oct 28, 2021 4:11pm
Fully agree with you , but that's what we sign up for when we invest with a company with no cash flows in the past nor in the near future(Serology revenue will be peanuts) may be the risk will pay off in future. Acumen after their ipo is down around 30% .. but their market cap is much higher. May be we will get there after all this nasdaq stuff, definitely not just with retail Investors