I would like to have EIQ Management seriously consider consolidating their register with a 10:1 reverse stock split/consolidation and timing it with their next significant announcement.
If they do a 10:1 then we would be looking at a $2.50ish stock, the comany would have reduced administrative overhead and potentially increasing operational efficiency and most importantly enhancing its credibility in the market. Also having a tighter register of 59M instead of 590M would be much preferable, reduce SP volatility and increase investor confidence which may further attract more instos to the register.
Let me know your thoughts folks!
EIQ Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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