I think it's the right move for the company. They
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Posted On: 08/16/2017 2:21:10 PM
I think it's the right move for the company. They need capital and a stronger stock price, and it was always going to be very hard to achieve that kind of bootsrapped success with a trip 0 stock and a 10 billion OS.
If you look at the last filing you will notice that there was $50,000 raised in the quarter at a post split value of .50 cents. I expect more capital to be raised to further the business using the same non-dilutive methods as last year. Only with the float lower, and more manageable and the price higher, it will be more practical to raise the capital needed.
If you look at the last filing you will notice that there was $50,000 raised in the quarter at a post split value of .50 cents. I expect more capital to be raised to further the business using the same non-dilutive methods as last year. Only with the float lower, and more manageable and the price higher, it will be more practical to raise the capital needed.
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