Quote:
Originally Posted by wechoose
There is no minimum share price required to get on the BB. There is to get to a listing exchange such as AMEX, NASDAQ or the NYSE. What is required by the BB is SEC compliance.
A reverse split without concurrent filings is the kiss of death. Any share price achieved by a reverse without fundamental support will sink to near zero. This isn't directed at any particular stock, it's just the law of the pink jungle.
|
...refresh my poor, addled memory? Six to twelve weeks ago (I have no sense of time anymore and would waste too much time searching) I asked what are some reasonable and GOOD options to deal with the massive number of shares and I think you and Sparrow (maybe robnjr) suggested a couple of different ways to handle this well. You know this stuff off the top of your head.
Would you mind reiterating the coupla' options that are available to a well-run company in retiring excessive amounts of shares that minimize or do no harm?
Thanks Mr. Choose
