Post by
HighteawithIntrepid on Oct 01, 2015 7:52pm
58
If you look at the last decision of the ADCOM it
was voted on that day, so slightly less than
58 days to go. With the AGM the week before we
will be voting on a 15 to 1 consolidation when
maybe only a 10 to 1 is required a week later.
With the promo guys saying we're worth 1.50 one
year out maybe a 6 to 1 would work as of November 30
So to relieve the boredom of waiting 58 days where
would you be OK consolidation wise?
HT
Comment by
SWNE on Oct 01, 2015 8:31pm
Who in their right mind would want a consolidation? The sp almost always returns to pre-consolidation levels over time. We have enough cash to get FDA approval, the sp will increase to where more big block investors will enter continuing to drive up the market cap. Patience is required here!
Comment by
DamnYankees on Oct 02, 2015 10:34am
HT, below I have detailed a list of the management initiatives and milestones met that have positively impacted the share price on behalf of current retail shareholders. Please review and let me know whether I have missed anything. As you can see there is no reason not to think that a share consolidation will not have the same positive outcome. see below:
Comment by
vega509 on Oct 02, 2015 11:13am
1 for 1. there is no scenario in my opinion where a revese split works to the advantage of shareholders. most of what I've seen in stocks I've followed, a reverse split is usually followed by a rapid share price decline close to pre split levels, and in some cases lower. this is a huge gamble IMO
Comment by
higgsboson on Oct 02, 2015 12:53pm
tounge-in-cheek DY ? the many ignorant posts on this bb come from ignorant people that do not recognize manipulation when it is right under their nose this manipuplation will end soon real soon
Comment by
vega509 on Oct 02, 2015 3:20pm
I agree this shows the telltales of manipulation. so, what will change with a reverse split as far as what the manipulators are doing? it actually may make it easier for them to continue. the 2 things that will drive the price up will be FDA approval, and a healthy profit on the balance sheet. without either, what we see is what we've got.
Comment by
account15 on Oct 02, 2015 5:14pm
Worst thing to do is to agree to share consolidation. Not now. Too many things are happening, money Is now non issue. Nasdaq can wait. So what that there are 300 mill shares. They should focus on new trials instead and let February 27 roll out.