Aug. 16 at 10:34 PM
$LGMK This company needs to release some
significant good news now instead of doing
another stupid reverse stock split. If you have
9 thousand shares and they do a 1 for 750 R/S
you will have 12 shares after the R/S. Even a
1 for 350 R/S would be absurd as you would
have only 24 shares after the R/S instead of
9,000 shares. To do this to the existing common
shareholders would truly be disgusting.
Even just a hint of a partnership now or a
distribution contract or agreement with China
or India to market their products in those countries
or another huge market would move the share
price a lot higher now.
Is that possible now?
Everybody holding shares of this stock now
would greatly benefit even the ones holding millions
of shares including the 5% holders of this stock from NOT
doing another reverse stock split as their equity will
also go a lot higher letting the share price rise on its own
with any good news and NO reverse split.
