Post by
GoldenGut on Jun 01, 2018 3:05pm
25:1
Hey there, been holding this stock for about a month now, but new to the bullboards. Should be interesting what happens at this meeting on the 4th. Seems like quite a few people think a deal is already been made and the stock consolodation is in response to that. I think it is the other way around, that we need a stock consolodation to make this a more attractive shell. If we vote on a 25:1 and there is no deal in place, i think that will hurt our positions when it resumes trading (for those locked in at the 0.025 price). Part of me hopes that it goes lower that a 25:1 but on the other hand it would make this a more attractive shell.
Don't listen to me, I am an experienced investor.
GoldenGut
Comment by
ShellsRFun69 on Jun 01, 2018 3:14pm
... no $hit $herlock. A share consolidation is never hood if it is not inconjuction with a deal. But in conjunction with a deal, those in before the announcement usually fair pretty wellz. and by the way, the vote is for up to 25:1 consolidation. Does mean it will happen. Good lick to all including Novice investors. ShellsRFun69
Comment by
GoldenGut on Jun 01, 2018 3:39pm
yeah I know it is up for vote, it could be less than 25:1. However I have a feeling that is their target otherwise they would not have mentioned it was 25:1. If I am not mistaken, Hugh bought most of his shares at half a cent, he could take the 25:1 a lot better than we could. As someone who is holding at 0.025 I hope a deal is in place... good luck to all. You are right... shells are fun.
Comment by
rocketeer on Jun 04, 2018 12:10pm
Agree. Because every consolidation i've experienced has always been the initial ratio mentioned, in this case 1:25. so, I'm afraid that is what it will be!