Yes I dont like the though of having less shares but think of this.
A reverse split of say 5 to 1
100 000 shares = 20 000 shares ouch,, that just feels nasty. "BUT"
Say we are at 2$ at the time of the split and after the split we are at 10$ per share and without delay are accepted onto the Nasdaq. Granted there is a chance we could see a dip in share price as the nervous nellies sell off a bit but following Nasdaq listing if we see income and contracts with partner names 10$ would be the bottom and a steady climb could insue. Should insue.
Now instead of selling 1000 shares to make 10k you would be selling 100 shares to make 10k.
Now if you had 100 000 shares to start, and now have 20 000 shares instead of needing 10$ per share we will need 50 $ per share in order to have 1 000 000$ or 100$ per share in order to have 2 mil$ and so on.
If we obtain income, big partnerships, licensing and royalty agrements from the likes of ARM, APPLE, HP and the like would 50$ or 100$ be atainable with a 50m (70m after more shares are issued) share float? hmmmm. Thoughts?
