Posted On: 01/13/2016 2:28:12 PM
Post# of 29744
$FREE
Based on all the information and my research on why FREE might move, I believe that with the pending 1-60 RS which they will have to do before March 14, 2016 here is a likely scenario.
In order to meet the post split NASDAQ listing requirement and still stay in compliance (otherwise, why bother at all) post split (have to assume the stock will fall after the split), will need to get the pps up. That means a number of PR's could be coming to get this up to at least the .08-.10 pps range. That should be enough to keep them in compliance post split.
Based on all the information and my research on why FREE might move, I believe that with the pending 1-60 RS which they will have to do before March 14, 2016 here is a likely scenario.
In order to meet the post split NASDAQ listing requirement and still stay in compliance (otherwise, why bother at all) post split (have to assume the stock will fall after the split), will need to get the pps up. That means a number of PR's could be coming to get this up to at least the .08-.10 pps range. That should be enough to keep them in compliance post split.
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