High Tide Inc V.HITI

Consolidation

[ENERGY21]

Watch that's next up for HITI

[Northstar49]

Who wants to guess. 10 to 1, 20 to 1 or 30 to 1. This is there magic plan for share holder value. Reverse splits kill companys if not done for the right reason.  Its going to take me forever to get a return on my investment.

[Sledd66]

Lol 30 to 1. Thats just ridiculous. A 10 to 1 alone would put us at only 44 million shares outstanding. That alone would ignite this stock with a small float. The bigger the reverse split, the smaller the total float ultimately leading to the biggest reward.

[ProStreet340]

The questions are; - What is the NASDAQ minimum share price for listing? - Where does Raj want to be positioned as an entry point? .....any guesses? Regards PS340

[biagi65]

minimum $4

[biagi65]

A 10 to 1  gives a sp of $ 1,80 that's not enough for nasdaq listing ( ninimum $4 )

[paradini]

I thought Nasdaq was 1$ minimum.  but i've never listed a company....lol

[SpeedJ581]

I think that's just to maintain your listing.  They did relax that because of extra volatility during covid. It was $4 to list.  

[Oldngrouchy]

If certain conditions are met it is my understanding they can list for as low as two bucks.

[ProStreet340]

My guess is they will be using a base share price of $0.20Cdn (or more), and I'd say 1 for 30. Using todays exchange rate that would put us around $4.68US/share.  With that calculation, my 210k shares become 7,000 shares @ $6.00Cdn/share. I guess the warrants follow the same rule... Then my 10k of warrants become 333 and the $0.35 becomes $10.50Cdn Oy Vey, this could go bad very quickly