Comment by
whisky11 on Apr 27, 2021 8:00pm
Win win situation. With $0.50 stock price we will get institutional investors on the board and shares offering at better price. Bad feelings after consolidation will be offset by bunch of positive press releases. After all, consolidation leave us with the same money, the problem is with shorters. But then strong positive information will take care about them.
Comment by
011Peking on Apr 27, 2021 9:01pm
One thing i don't get is why would institutional investors jump on the train at $0.5 and not on $0.05? there's no difference other then less shares out there? 50m instead of 500mil with an RS of 10/1?
Comment by
PTBailey on Apr 28, 2021 9:48am
My understanding is they won't invest in penny stocks.
Comment by
ETalien on Apr 27, 2021 9:29pm
Excellent! Thanks for posting...
Comment by
PTBailey on Apr 28, 2021 9:53am
I would be much more willing to answer you question minus the insinuations, accuasations and general A**hole attitude. It is word for word response to a question to Bob Farrell and if it we for a select group it wouldn't have been shared. Don't believe it contact him and confirm. Next time be a little more respectful.