(Total Views: 588)
Posted On: 08/26/2019 4:41:24 PM
Post# of 82687
Hello Mr. Kay
I believe I am asking for more than myself when I ask if a Reverse Split is being considered. The last time you were asked your response was ‘no’ however, SO much has happened since then. With price share around .002 and the dilution bringing us closer and closer to 3B outstanding shares, is a reverse split being considered?
His Reply:
Brett
I probably never said just NO, without saying not at this time since I can never determine the future. However, I am planning on a good year and finish and revenues as we have planned, which would cause us not to borrow more money, thereby stopping the dilution at some point and probably not doing a reverse split, but again can't say anything for sure. Time will tell and thanks.
Mark
GLTA!
B
I believe I am asking for more than myself when I ask if a Reverse Split is being considered. The last time you were asked your response was ‘no’ however, SO much has happened since then. With price share around .002 and the dilution bringing us closer and closer to 3B outstanding shares, is a reverse split being considered?
His Reply:
Brett
I probably never said just NO, without saying not at this time since I can never determine the future. However, I am planning on a good year and finish and revenues as we have planned, which would cause us not to borrow more money, thereby stopping the dilution at some point and probably not doing a reverse split, but again can't say anything for sure. Time will tell and thanks.
Mark
GLTA!
B
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