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Hangover Joe's Holding Cor HJOE
(Total Views: 369)
Posted On: 07/08/2017 1:55:08 PM
Post# of 15187
Posted By: Steven1973
Re: sextoned #12757
I think all of us would agree that Thunders suggestion would be more viable for shareholders if HJOE's can support a 900M-1B share float. Like most of you, I'm not seeing a buy back at this point because the revenues aren't quite there yet and it would cost a huge amount of $ to get them to back to a decent float. In the end it will be a choice between what Thunder mentioned and a R/S. If management came back with a 10:1 reverse split and went from 3.5 billion or so shares and went down to 350 million shares and our shares got reduced accordingly, I don't don't see it as a bad thing. In Jstay's example, his 10 million would be reduced to 1 million. I'm not sure why 1 million shares of a 350 million share float would be a bad thing? Thoughts?













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