(Total Views: 215)
Posted On: 07/08/2018 12:17:06 PM
Post# of 1481
I certainly agree that $5 is a level that brings in many more Institutions, but a R/S to get $5 is the wrong way to do it. If they do a R/S that achieves a stable price at $1 or just over it, then the goal becomes establishing sufficient trust in the investment public to build it to over $5.
On the other hand, if they use a bizarre ration for the R/S that gives a price over $5, I believe the lack of support they'll get will make it hard to even sustain $1. I believe they have plenty of positive news to release in the future, I still believe they should build the price before the R/S to reduce it's severity, but again, doing it at the least harsh level would keep the current investor most satisfied.
Personally I would rather see actions that should build the price to something over a penny before the R/S, and then a decision to only do say 1 for 100 to achieve that dollar level. At that point more positive news could see an increase to $5 in a matter of months. I don't believe the same can be said for an extreme R/S before news that instantaneously brought the price to $5 or more, I doubt if such an R/S would hold at much over $1 because of the lack of shareholder support.
Personally I don't have that much invested, I like the products they're developing, so I intend to stay in, but I still believe it will take a substantial hit before it begins to come back, and really won't do so until there is some positive news. I know that the R/S won't occur immediately, probably not until September, though it could happen some time in late August, there is time for some positive news before it occurs. Let's see what happens.
Gary
On the other hand, if they use a bizarre ration for the R/S that gives a price over $5, I believe the lack of support they'll get will make it hard to even sustain $1. I believe they have plenty of positive news to release in the future, I still believe they should build the price before the R/S to reduce it's severity, but again, doing it at the least harsh level would keep the current investor most satisfied.
Personally I would rather see actions that should build the price to something over a penny before the R/S, and then a decision to only do say 1 for 100 to achieve that dollar level. At that point more positive news could see an increase to $5 in a matter of months. I don't believe the same can be said for an extreme R/S before news that instantaneously brought the price to $5 or more, I doubt if such an R/S would hold at much over $1 because of the lack of shareholder support.
Personally I don't have that much invested, I like the products they're developing, so I intend to stay in, but I still believe it will take a substantial hit before it begins to come back, and really won't do so until there is some positive news. I know that the R/S won't occur immediately, probably not until September, though it could happen some time in late August, there is time for some positive news before it occurs. Let's see what happens.
Gary
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