So sad!
$LQR House (LQR.US)$ today announced that it is implementing a 1-for-60 reverse stock split of its common stock, with an effective date of 12:01 a.m., Eastern Time, on November 30, 2023.
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FiReBiTriXiE : My thoughts is this is another $EBET Inc (EBET.US)$ and will do the same RS then PLUMMET cause the CEO’s are not smart more like children with alot of responsibilities and people responsible for but cares nothing but about themselves! This will be OTC by February where they belong frfr
Trytosaveabit OP FiReBiTriXiE : I would be lying if I said that that exact thought has not crossed my mind! Hehehe! GL today. BTW hope you got out of SPRC with a great profit yesterday after holding through the weekend?
jtucker615 FiReBiTriXiE : the CEOs aren't stupid. They are crooks, and retail investors are allowing it. These companies put out millions of shares, and we gobble them up, then they reverse split. then comes the offering again, drive the price back down, and RS again. Retail keeps throwing money at these criminals in hopes we'll get rich, but in reality, we get nothing, and the CEOs get giant bonuses from our money. Hopefully, you don't lose too much. Put your real money in Amazon, Google, Nvidia, and Microsoft and only put play money in any of these penny stocks because, more than likely, you're going to lose it.
Yourztrly : It was announced 6 days ago unfortunately :/
Trytosaveabit OP Yourztrly : Yes! I know it was as you can see from WB post 5 days ago! But I forgot to post for my followers here and for those that may have missed? But thank you! GL
Mcsnacks H Tupack : Means they will have a float of less than 17,000 shares.
Trytosaveabit OP Mcsnacks H Tupack : Oh cool! I didn’t think it would be that low? But my sad point is based off many had high hope for this when the IPO came out. I know I did, it seemed from prospectus that it was a pretty decent company with good financials! Thanks for letting me know the float. I thought it was going to be closer to 100K which is still pretty damn micro! Hehehe but 17K Nice! GL sir!