Posted On: 07/05/2016 2:38:57 PM
Post# of 75360
Let me explain a tad further and not bringing this for a topic of discussion...
Many think a reverse split a bad thing and most times it is with co's r/s to keep shareprice above listing requirements and by then most in trouble.
In RMHB's case they's only consider a R/S would be for uplisting. Jerry told me he's only consider if we were trading above $1 share to gain min. listing requirements aka chop float in 1/2 with a 2/1 R/S.. That means shares get dried up by 50% and would expect less selling as demand for our shares increase. I've prepared my investment for this possible event to happen down road. IF Jerry's right he see's $2 without a R/S by next Christmas for uplist and this point is moot and won't affect folks here as am sure most would sale most on a 60x winner prior
Rock on RMHB
Dadon_111
Many think a reverse split a bad thing and most times it is with co's r/s to keep shareprice above listing requirements and by then most in trouble.
In RMHB's case they's only consider a R/S would be for uplisting. Jerry told me he's only consider if we were trading above $1 share to gain min. listing requirements aka chop float in 1/2 with a 2/1 R/S.. That means shares get dried up by 50% and would expect less selling as demand for our shares increase. I've prepared my investment for this possible event to happen down road. IF Jerry's right he see's $2 without a R/S by next Christmas for uplist and this point is moot and won't affect folks here as am sure most would sale most on a 60x winner prior
Rock on RMHB
Dadon_111
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