Re: Reverse Split, the good, bad and in between....
posted on
Aug 14, 2018 09:49AM
I think we have less flexability after a resverse split than before, but i'm not going to argue that anymore. If things are equal before and after than why do it. Something doesn't add up. If we need a $4/share price to get listed on the Nasdaq than it should be easily attainable without a split. My first investment into RVX was at approx. $5.97/share pre Phase 1 results, and now RVX is sitting at $3.08/share months before the Phase 3 results. I know management has shot itself in the foot several times, but something seems wrong. I just hope this isn't the next blunder.
I really don't mean to be negative, I'm just concerned.