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Bullboard - Stock Discussion Forum Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are... see more

TSXV:EGT - Post Discussion

Eguana Technologies Inc > Splitemup !
View:
Post by ugluuak on May 18, 2021 3:45pm

Splitemup !

Big split a coming somewhere between 10 and 15 for one to get EGT to over $3.00 and onto the Nasdaq.

Lot of folks do not like splits.
It is like having your ball stolen when no one lets you play. Only your ball please only your ball.

When the big cheese gets involved they rule the roost.

You say Holland has 4,000,000 shares? soon to be 2,500,000 shares or about at what figure????

Been there seen that, not a fan but it can work out if the story is solid.

Need to get out of penny stock jail somehow. No buy out = split .
Comment by ToadyToadman on May 18, 2021 4:10pm
NASDAQ minimum for listing is $4.00 US so lets say $5.00 CAD plus a good deal of padding for when the consolidation takes place (most companies go for at least double) and the resulting selloff takes place. Consolidations are 99% of the time viewed as bad even if the intentions are good. EGT to get listed on the NASDAQ will need to rollback in the range of 1 for 30 to 1 for 40. All for what. The ...more  
Comment by ToadyToadman on May 18, 2021 4:24pm
Too add: a lower entry shareprice of $2 and $3 US dollars can be used if more stringent requirements are met. I believe any plan for a consolidation for NASDAQ listing would need a SH vote. GLTA DYODD
Comment by Lucky777 on May 18, 2021 4:33pm
People are making up stuff, there is no need for that split.
Comment by ToadyToadman on May 18, 2021 4:36pm
I certainly hope so. My shares have been abused enough over the years.
Comment by maak on May 18, 2021 4:51pm
They have already done a 10 for 1 split...& that didn't work out so well...  how many times do they go that route??? 
Comment by WillmaImhome on May 20, 2021 3:52pm
My shares will vote no to Nasdaq.. if a split is in the cards.. otherwise ok.. i m ok with tsx too now.
Comment by ugluuak on May 18, 2021 5:20pm
Holland would have had about 270,000 shares at 15/1 sorry not 2,500,000 When was that last split, in what year ? When a company uses stock issuance to finance continuaty it is never good. Also never good to pay back employees for small debts on the books to pay for parties, stationary, rent and the like!
Comment by ToadyToadman on May 18, 2021 5:34pm
end of 2012 I still hold stock bought before then that require a SP of $2.40 to break even
Comment by WillmaImhome on May 19, 2021 9:45am
I wouldn't be holding those without averaging down
Comment by ugluuak on May 19, 2021 9:54am
One would need to be brave and still believe to average down after getting the "BIG GAZZING" a time or two with this stock. I was looking to make a few thousand and relieve my guilt by joining the green movement. After checking in I got into EGT decided to stay and it is Canadian after all. Anyone famaliar with this movement .................... https://electricautonomy.ca/ let us ...more  
Comment by ToadyToadman on May 19, 2021 10:37am
they are irrelevent now through the years of trading in and out plus averaging down. Only stated as an example if sold on their own. I am sure others on this board would have higher.
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