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Posted On: 02/25/2018 6:41:33 PM
Post# of 4081
I believe the likely reason for the R/S is to create room for additional shares to be issued to bring in businesses and assets into JBZY. R/S reducing current OS and increasing SP has to be a benefit for us current shareholders when the assets brought into JBZY are expected to increase the earnings of the company, thus increasing the share price of our shares.
I hope FINRA gives us a quick approval of the R/S, then I expect Wang will make the next move in his plan. Get the legal moves completed and then we should get PRs.
I hope FINRA gives us a quick approval of the R/S, then I expect Wang will make the next move in his plan. Get the legal moves completed and then we should get PRs.
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