Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Coates International COTE
(Total Views: 381)
Posted On: 03/27/2017 4:11:56 PM
Post# of 3605
Avatar
Posted By: grubstake
Re: Ridge_Runner #2170
RR, you may not have seen my older posts concerning a RS. My thought on that is that GC wants to get his stock off the pink sheets and on a higher listing. To do that, the SP has to be above $5 for a specified period of time. The maximum RS ratio authorized is 1 for 200. That said, a RS would not obtain the $5 SP objective unless/until the current SP reaches $0.025 a share. A single 10Q report showing positive cash flow would, IMO, achieve that.

What I'm saying is that a RS is more likely to occur as the SP goes up than when it goes down. If a RS were to occur when the SP is lower, how much lower would it have to get?

IMO, if this stock ever takes off, it will do so at a pace where, under the above scenario, a RS will not be necessary.















(1)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site