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Posted On: 08/11/2021 3:11:37 PM
Post# of 22467
Re: Puravida19 #20569
There's no doubt for me that there's revenue coming in from overseas, the question is how much?
As far as the reverse split, I'm still against it. Mainly because I consider this a long term investment. A 10 to 1 RS at a dime goes to a dollar. My objection to a reverse split is the loss from all future growth of the share price. Say it goes to $5 in three years, you'll have $5.
Even if it went to $10 in 5 years, you'll be at $50.
Without the RS it may take an additional two years, 5 years total to achieve $5 but you'll have $50 and all your shares. If it was at $10 you would have $500.
My concern is the loss of revenue from future growth. If you add in forward splits, that's when it really takes off. Your RS share on a two for one forward split would only be 2 shares plus your original 1 for a total of 3 shares. If you had your original share count of 10 on that 2 for 1 you would be getting 20 additional shares. Add that to your original 10 and your looking at a significantly different number, 30 share in your account.
If they could uplist to NASDAQ or NYSE with the share count remaining the same, that would be the most advantageous for us. I'll just say I'm not holding my breath on it but I would like to see it transpire that way.
As far as the reverse split, I'm still against it. Mainly because I consider this a long term investment. A 10 to 1 RS at a dime goes to a dollar. My objection to a reverse split is the loss from all future growth of the share price. Say it goes to $5 in three years, you'll have $5.
Even if it went to $10 in 5 years, you'll be at $50.
Without the RS it may take an additional two years, 5 years total to achieve $5 but you'll have $50 and all your shares. If it was at $10 you would have $500.
My concern is the loss of revenue from future growth. If you add in forward splits, that's when it really takes off. Your RS share on a two for one forward split would only be 2 shares plus your original 1 for a total of 3 shares. If you had your original share count of 10 on that 2 for 1 you would be getting 20 additional shares. Add that to your original 10 and your looking at a significantly different number, 30 share in your account.
If they could uplist to NASDAQ or NYSE with the share count remaining the same, that would be the most advantageous for us. I'll just say I'm not holding my breath on it but I would like to see it transpire that way.
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