Posted On: 05/06/2014 12:06:09 PM
Post# of 56323
I have been through many reverse splits with various stocks and not every stock immediately after the split was at the exact dollar value. I have lived through a reverse split that immediately went South and tanked the second after it happened. So yes, the split will be an equal dollar value at the exact second it takes place, the concern people have is the following seconds, minutes, and days.
Your input is not bashing or taken negatively by me at all. We're speaking the same goal. I don't believe FITX needs a reverse split at this point to facilitate uplisting sooner than later. I believe FITX needs a revenue stream flowing in to raise the PPS. A reverse split may be a prudent thing do down the road in order to uplist to NASDAQ or one of the big boy exchanges. I believe we need to get some serious revenue in first and then see where the PPS can sustain itself.
God is Great. GO FITX Nation
Your input is not bashing or taken negatively by me at all. We're speaking the same goal. I don't believe FITX needs a reverse split at this point to facilitate uplisting sooner than later. I believe FITX needs a revenue stream flowing in to raise the PPS. A reverse split may be a prudent thing do down the road in order to uplist to NASDAQ or one of the big boy exchanges. I believe we need to get some serious revenue in first and then see where the PPS can sustain itself.
God is Great. GO FITX Nation
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