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Posted On: 03/06/2017 3:13:45 AM
Post# of 75087
In order to make it to the big boards the stock must trade at $4.00.
That means the company would have to be worth about 4 billion.
In May of 2016 Red Bull was at 7.9 billion. It took them 30 years to get there.
We have some work to do.
If we want to play with the big boys we just can't keep taking three steps forward and two steps back when the people with their millions of shares dump their stock to make a few thousand bucks.
I expect Mrs. Li to take action on this in 2017 in some form of stock consolidation. I would be shocked if she didn't.
It's the only way to get RMHB to the big boards.
That means the company would have to be worth about 4 billion.
In May of 2016 Red Bull was at 7.9 billion. It took them 30 years to get there.
We have some work to do.
If we want to play with the big boys we just can't keep taking three steps forward and two steps back when the people with their millions of shares dump their stock to make a few thousand bucks.
I expect Mrs. Li to take action on this in 2017 in some form of stock consolidation. I would be shocked if she didn't.
It's the only way to get RMHB to the big boards.
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