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Broadside Enterprises Inc BRSE
(Total Views: 473)
Posted On: 08/16/2017 2:21:10 PM
Post# of 736
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Posted By: BarkOLounger
Re: smilinb #654
I think it's the right move for the company. They need capital and a stronger stock price, and it was always going to be very hard to achieve that kind of bootsrapped success with a trip 0 stock and a 10 billion OS.

If you look at the last filing you will notice that there was $50,000 raised in the quarter at a post split value of .50 cents. I expect more capital to be raised to further the business using the same non-dilutive methods as last year. Only with the float lower, and more manageable and the price higher, it will be more practical to raise the capital needed.














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