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Mining Global Inc. MNGG
Posted On: 08/31/2015 9:52:09 PM
Post# of 12259
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Posted By: smartmoney
Re: #1 Red Sox Fan #9507
the stock will still move on the same fundamentals as pre-rs... e.g: a gain from .0001-.0002 would be considered as .10-.20. The only positive thing about a RS that I can see in this situation, would be that the company could start to prepare to qualify for a stock uplisting - and attract larger groups of investors. Many will fight a RS thick and thin - especially on a pink sheet penny stock, but as long as organic revenue is present - and large enough to keep the company profitable, there should be no reason to dilute shares - unless the company needs more capital to rapidly expand operations, in which case the stock would eventually stabilize and grow stronger.. I agree though, that a R/S should be done here - we will not lose value unless people sell their shares and or the company increases the outstanding. I don't think anyone here would sell their positions as .10 would be considered as .0001 in this level, and any sell would be considered a loss. unless shares were obtained at .00005 but this is not the case here.

imo













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