Post by
zwerp2000 on Feb 02, 2021 1:40pm
Looking good
I'm fine with the reverse split. No reason not to because even if we made it to the nasdaq without it, why risk getting delisted because of the stock price. IPATF did one and the stock shot up after uplisting. To be honest, I thought Prad would do a 1:10 so I am happy with just a 1:5. Going in the nasdaq will be huge. More US investors and institutions coming onboard and if Prad executes, we should do very well. The stock price is depressed in the tsx board.
Comment by
ChartGuy88 on Feb 02, 2021 1:45pm
yea it's "up to" 1 to 5, Prad might end up doing a 1:3 or who knows maybe he won't even have to execute the r/s if people start buying! Let's go I feel good about this again because the chart is moving
Comment by
zwerp2000 on Feb 02, 2021 2:14pm
I would be surprised if it changed unless the stock price surged a lot higher. He is very mindful of shareholders best interest since he owns a ton of shares but he doesn't want to uplist and immediately be in danger of delisting. Again, this being listed on the nasdaq given their growth and what they are doing should translate into much higher stock prices. You just have to be patient