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Message: Re: Singapore
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Apr 14, 2022 08:56AM

Just a follow up on FJ's timely post

At no point did anyone define what "position of strength" meant, and obviously management was not using the same definition as shareholders, who were expecting big company news. Perhaps management, having information that we do not, could see some future events that might initiate a decline in SP. So, from Tom and the sub-committee's perspective, a 10-1 reverse split, with the SP at that time, would be the "position of strength' SP required to uplist and provide some decline cushion until some future point when they in fact are able to provide the "sales and customer" news that will drive the SP upward and interest the institutions.

IMO, of course

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