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Message: Re: Proposed Share Rollback

Feb 11, 2021 06:41PM

Feb 11, 2021 10:37PM

Of course I remember. I still own QTRH. It is funny that QTRH quitted Nasdaq and now EFL does the opposite thing with a reverse split. Go figure. This industry is fast evolving and the company requires more than enough cash to move forward with its business. Historically, EFL is always in shoestring operation. It might hinder the growth. I am not a fan of reverse split and I find it odd that a conservatively run company such as EFL would do this just to go to Nasdaq. It is moving from its normal way of doing business. The only explanation is that there is something different happening and we will see how it evolves. Regardless, I would like to see EFL has much more cash on hand as it takes money to make money even if it means some dilution.

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