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  4. Signal Bay Inc. (SGBY) Message Board

Many of us have gone thru R/S before or have been

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Post# of 355
Posted On: 12/22/2016 8:03:20 AM
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Posted By: Magnum7419
Many of us have gone thru R/S before or have been exposed to it and IMHO even if it is for uplisting.......it has a negative impact on common shareholders usually in the weeks after it occurs. In reading the below statement by the CEO and seeing so many comments regarding being the next DGX , etc etc etc, my guess is the plan will be a buy out and only if it makes "cents" (pun) for all shareholders.

"Mr. Waldrop finished up with a message to current and potential investors. “We have a strong and growing revenue base, plans for expansion and a solid, stable share structure. In our opinion, the company is undervalued, so let me put this rumor to rest once and for all . . . we have no plans in the foreseeable future for a reverse split . . . period, and we will only increase the number of common or preferred shares of our company with the interest of the business and shareholders in mind. I want to reassure our shareholders that as we grow, we want your share value to grow right along with us. We want to thank you for your interest in our company and your continued support. We plan to release a series of press releases over the coming weeks and month as an effort to keep our shareholders more up to date on existing operations and plans for the future.”


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