Posted On: 10/13/2014 9:56:05 AM
Post# of 30034
I think this board is being to lenient and accommodating when talking about what "Split" you're comfortable with. I'm not comfortable with a 25:1 split. I'm also not comfortable with a 10:1 split.
It's people's expectation that the CEO and his board of highly paid professionals will only be able to raise the share price to around .30-.40? I have higher expectations from them. I believe they can do it as well. Also, if they're not able to raise the price higher, can you really expect them to manage the share price on another listing?
Sure, it may be easier in some ways, but it's much harder in others. There are vert good reasons for uplisting, but I'm hesitant to make tradeoffs and compromises that aren't necessary....like a huge reverse split.
It's people's expectation that the CEO and his board of highly paid professionals will only be able to raise the share price to around .30-.40? I have higher expectations from them. I believe they can do it as well. Also, if they're not able to raise the price higher, can you really expect them to manage the share price on another listing?
Sure, it may be easier in some ways, but it's much harder in others. There are vert good reasons for uplisting, but I'm hesitant to make tradeoffs and compromises that aren't necessary....like a huge reverse split.
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