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Posted On: 11/18/2022 12:09:24 PM
Post# of 148899
In a company with a revenue flow that's stable and looking to uplist to NASDAQ a R/S might be okay to get the share price over $4 for what is it 90 days? I remember we were once over $4 for like 80 days and were conveniently knocked down before an uplist. At this point there is no purpose for this move. In some trading platforms a stock must be above like $20 to be considered, so a company like Ford might do a successful reverse split for that reason.
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