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Coates International COTE
(Total Views: 296)
Posted On: 12/01/2017 10:05:12 AM
Post# of 3605
Posted By: vegasandre
as some one else said on the other board:

"Market cap before split = $1 million....market cap after split = $1 million. If George can't manage to keep his market cap above that post- split he should close up shop, although all he needs is one decent contract for this still to go up a lot!!! "


that is true and actually gives me some pause in thinking what will happen after the r/s. Gives it more of a chance for price to hold up. it is also a smaller split. 200-1 . The dilution will continue unless he gets that deal done quick.
If they can get the deal done quick we will be good. If not -then he will have to dilute and it will be easy with only 40 million or so shares outstanding

So - either he did the R/s because he knows that a deal is done or he did the r/s because the of the current share structure -or both

Just thinking out loud here..













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