I agree it would be less intimidating, but as long
Post# of 75011
Posted On: 07/21/2016 3:14:04 PM
I agree it would be less intimidating, but as long as the company is prospering it will actually build the value of your investment faster by bringing in even bigger investment capital once on that big board, and forward splits will soon after move your share count not only back where it was, but increase it (look at historical chart of Monster Beverages). I like to compare to them because I think this brand has more potential than Monster had starting out. The main reason r/s is such a dirty word in penny land is because so many companies don't do much, and often never even make any revenue. They can't stay alive without selling stock, so the share structure gets stupid, like often into the multi-billions of shares. They then can't attract buyers without adjusting the share structure with high ratio reverse splits. The revenues still don't come, or not much, and the pattern continues like that for years. I've seen it happen lot's of times when myself and some others were playing "slot-stocks" for fun and quick momentum gains. This company just isn't in that category at all. If nothing catastrophic blind sides them, this brand will become a household name. It's on it's way now. 
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