Posted On: 06/09/2016 11:49:25 AM
Post# of 316
Just saw it. Before ppl get all gloaty or shook up note:
"The Company believes that implementing a reverse stock split will allow a broader range of financial institutions to invest in the Company’s stock. Some institutions are prohibited from purchasing stocks with prices below a certain threshold. By essentially raising the price of our stock, we are potentially increasing trading volume attracting investors who are capable of providing more stability for our stock and potentially infusing more cash flow to support important growth initiatives."
Hmmmm... Must be a good reason.
Last tweet said:
"Due diligence completed for our targeted acquisitions and preparing agreements."
Makes sense to get the pps up for the acquisition announcement.
Hope so. I'm not giving up yet.
I don't think K n K go to all their trouble for nothing. IMO
It was a pre 14C statement, so more must be coming.
"The Company believes that implementing a reverse stock split will allow a broader range of financial institutions to invest in the Company’s stock. Some institutions are prohibited from purchasing stocks with prices below a certain threshold. By essentially raising the price of our stock, we are potentially increasing trading volume attracting investors who are capable of providing more stability for our stock and potentially infusing more cash flow to support important growth initiatives."
Hmmmm... Must be a good reason.
Last tweet said:
"Due diligence completed for our targeted acquisitions and preparing agreements."
Makes sense to get the pps up for the acquisition announcement.
Hope so. I'm not giving up yet.
I don't think K n K go to all their trouble for nothing. IMO
It was a pre 14C statement, so more must be coming.
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