Posted On: 06/14/2015 4:05:44 PM
Post# of 41414
Re: choover8059 #15195
HQ, from what I recall at the 2013 SH meeting, has zero interest in a R/S, but that was then...only one individual at HQ agrees with me that a R/S post-certification once money is being made is a very smart move. Get some cash in hand, do a R/S and uplist to NASDAQ quickly. Then the stock explodes in value (usually). But we're a long time away from that, if it were to ever happen...
The only individuals who don't want Baltia to do a R/S are the ones who are afraid of having fewer shares in return for a higher value per share (and I still don't know why this is a problem for some people). All they can think is "I'm not giving away my shares!" without realizing that the value of their remaining shares just increased substantially, and their % ownership of the company has not changed.
It's the whole "share price" vs "market value" argument....people keep saying "dollars per share" without realizing that the SP is only relevant when the O/S and Float are factored. A stock with 500B shares at .0001/share isn't worth more than a stock with 100M shares at $50/share.
The only individuals who don't want Baltia to do a R/S are the ones who are afraid of having fewer shares in return for a higher value per share (and I still don't know why this is a problem for some people). All they can think is "I'm not giving away my shares!" without realizing that the value of their remaining shares just increased substantially, and their % ownership of the company has not changed.
It's the whole "share price" vs "market value" argument....people keep saying "dollars per share" without realizing that the SP is only relevant when the O/S and Float are factored. A stock with 500B shares at .0001/share isn't worth more than a stock with 100M shares at $50/share.
(0)
(0)Scroll down for more posts ▼
