Post by
cowdoc447 on Oct 16, 2015 3:43pm
15:1 Trading Liquidity ???
I do not understand how there will be market liquidity with a 15:1 consolidation. That means less than 15M sh o/s. I thought for optimum liquidity minimum would be 50M sh o/s. Am I wrong?
Comment by
HighteawithIntrepid on Oct 16, 2015 3:54pm
We have close to 300m shares O/S and another 20 m waiting in the wings in warrants and options. The 15 is really up to 15 so if we get a AdCom yes and a doubling of the share price the 15 could become 6 after the 18th. 31 days as of Sunday night. HT