I expected this bad news in private. I did not wan
Post# of 1559
What we do not know is what our destiny will be.
One part tells me that the SPLIT REVERSE was necessary in order to convert the GTRQ shares to that of the other company so that we enter as we deserve and as the shareholders of the other company that we enter.
But it seems that the buying company has another nature has nothing to do with the nature of Go Traq. So another possible scenario is to keep GTRQ apart. If this is the case I do not understand why the Reverse Split. But time will tell us.
If GTRQ is preserved then other questions to come.
Will they make a change in the A/S and increase that number?
If they do then we will be completely massacred.
If they do not increase the A / S?
(1) I read that there was an "Ask" for $ 5.00 and this may be a sign. Obviously, the "Bid" did not respond to that figure and some transactions were made as they say for $ 0.25
(2) Making a REVERSE SPLIT at 100: 1 causes the A/S to fall from 300,000,000 shares to 3,000,000 shares. And the O/S believed to be in 100,000,000 shares (approx) would fall to 1,000,000 shares
(3) If they hold 3 million shares A/S and 1 Million shares O/S then the way for GTRQ to apply to NASDAQ would be seen as part of the interest if we take that $ 5 BID as an aspirational, symbolic price.
(4) Another point to keep in mind is that years ago Gregg drew the first budget year for sales and marked it at $ 100,000,000,oo for the first year.
(5) In line with what I'm exposing, and if the A / S remains intact after the 100: 1 Reverse Split the upgrade to Nasdaq for GTRQ could be very fast. Depending on the status of the "Certification" could be this same year at the end, or very early in the year 2018.
(6) One of NASDAQ's requirements for a company to enter its market is that its share maintains a stable price above $ 4 for 30 consecutive days. Then the symbolic price "ASK" to $ 5 would be completely a goal to reach.
(7) If this I think is true. And the new management works well the next steps. Most likely there is a very fast rise in positions pointing to those prices. It will perhaps be a cost for the company to keep the price above $ 4 for those 30 consecutive days as it is one of the requirements NASDAQ
( According to a formula created by me, very empirical. If Gregg's sales budget to $ 100 million was given to only 1/4 of that amount, in half the time. In less than a year the new company would fly much higher the value of the share. Nieveles that leave completely of my formula, perhaps because I have calculated it from companies NASDAQ of medium and high level.
(9) If the new company works this well, then that $ 5 symbolic "ASK" is not a "Roof" but a "Floor". Then there would be no cost for the new company to hold the price above $ 4 for 30 days because it would be so explosive price growth, as every month the new sales report
(10) If the company decides to keep GTRQ and does not change its A / S after 100: 1 the numbers can be as exaggerated as crazy as to the price increase as the speed of it. My personal experience has never been good but quite the contrary. So my best average would be to aspire to recover my $ 6,000 bought 40,000 shares that would reduce me 100: 1 to 400 shares. In order to recover my investment, I would have each share to be located at $ 15 and even if it seems insane, that and more is perfectly possible and soon if (a) The A / S is not changed and (b) Gregg's invention is still so valid and Well, new managment is able to raise in sales at least half of what he expected.
In my opinion, and as I am so accustomed to being so abused rather than benefited. The only echo of just recovering my investment considering that represents each share reaches $ 15. To aspire to just that seems to me too much. Although my formula and everything I tell you says you could reach that price and get over it
Another of the data we have to remember about the invention and the project, is that we have 2 references in the background make clear that if this project and invention is handled well. Estimates can be immensely multiplied up on demand. The two data are on the one hand the advance sale made by iTRAQ from that page where the advanced sales performed far exceeded the expectations of ROMAN. The other antecedent was the TV program of new inventions, their test and opinions of potential buyers. The response was extremely positive.
To write this, I have supported Google Translate and what I fluently dominate in English so that I can give you something that I hope can be easy to read and understand. In case of difficulties, I hope you will excuse me.