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Mindpix Corporation MPIX
Posted On: 04/24/2014 10:34:58 AM
Post# of 5570
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Posted By: Mpix Man
Good Morning MPIX Gang! The news proliferates! I would expect it to continue. As to the conversation of a reverse split, if it were to happen, which I don't think that it will, but it may, the volatility of this stock would go through the roof. Personally, there is a psychological aspect to a reverse that is normally negative. I understand the mentality to get the share price up and over .01 for ever, and to remain on the QB tier without losing that status, however is it really necessary at this point in time? They already told us about the expected percentage of reoccurring revenue steams by December, and the fifty plus projects in the works with meaningful revenues generated by the end of Q2. That's only nine weeks away. Don't they still have to choose/elect a Chairman of the board? It's obvious they know what they're doing, and they are figuring out their game plan as they build the business. Time will tell what takes place. It always does. Personally, I don't like stocks with an extremely low float where 1000 shares moves the share price 25%. We already have a stock that can move on a dime, so to speak! In my opinion that won't change with a reverse split, but only make matters worse. We've seen MPIX jump to a penny on thin air, and everyone knows with thin air it's difficult to breathe. Have a great day!













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