Post by
Michael4444 on Jun 04, 2021 11:07am
Share Consolidation
I am surprised that I am not seeing more comments on this board, regarding the proposed share consolidation of UPTO 2 for 1. As a fairly new investor, I have to wonder what mangement hopes to achieve. At the current rate of decline, we would soon be back in this current price range! I am hoping that my long range forecast, will turn out right, and not be whittled away by manipulation.
Comment by
VerifiedUser123 on Jun 04, 2021 11:15am
Precisely. Vote No to proposition 'screw shareholders over again!' They need to work with what they have.
Comment by
VerifiedUser123 on Jun 04, 2021 11:25am
At what SP would you be content with them doing a 2:1 at?
Comment by
Michael4444 on Jun 04, 2021 12:16pm
That is not the question to be asked. WHY are they doing it?
Comment by
davewho on Jun 04, 2021 12:44pm
you have been a member of SH for 6 years and still don't know how to use Sedar and read a simple MANAGEMENT INFORMATION CIRCULAR. You would rather ask some strangers on a public bullboard for an answer that you are too lazy to look up. Right?
Comment by
RelevantStock on Jun 04, 2021 12:49pm
At this rate I don't know what we'll do with a 2:1. We need institutional investors supporting us again if we want to get anywhere, let's hope we treat them good next time.
Comment by
LithLover on Jun 04, 2021 1:02pm
The 2:1 is for 12 months. Let them execute the milestones laid out with the war chest they have. Shift and Care will help bring in the institutions and than when the sp is in the right zone it will be used.
Comment by
brad129 on Jun 04, 2021 2:06pm
based on that NR 130 days would be July 31, that is why I worry they split first then issue the shares.
Comment by
VerifiedUser123 on Jun 04, 2021 2:43pm
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Comment by
gojotv! on Jun 04, 2021 3:06pm
This post has been removed in accordance with Community Policy
Comment by
davewho on Jun 04, 2021 2:11pm
the original LOI was for 120 days which is the end of July. It was posted here last week that James had mentioned 2x during a recent interview that he felt the deal would close by the end of June. You can email and ask.
Comment by
IainCaimbeul on Jun 04, 2021 3:47pm
L2T, thanks for your effort and input.
Comment by
LithLover on Jun 04, 2021 3:50pm
And what benefit is a 2:1 split unless it gives them an opportunity to uplist? None. Just attempts by bashers to pile on and try to create doubt and fear to allow them to short and distort. We see right through them so its ineffective as always and a waste of time. Their families must be so proud that they attack a cancer detection company.
Comment by
4real4ever on Jun 04, 2021 6:13pm
The question is WHY DO ANOTHER REVERSE SPLIT 2:1 NINE MONTHS AFTER ONE OF 8:1?
Comment by
Mykndrsn on Jun 05, 2021 10:33am
Great post from someone who knows what's going in and gets it. So many don't or have an agenda.
Comment by
molotov420 on Jun 04, 2021 12:34pm
Don't care Lith....we just gave them an 8:1 and it did nothing...show us progress before coming back for another. Rolling back shares every couple months is not the answer...show us Aristotle revenue, not just covid, and then we can talk.