This company divided the shares by 50 in 2013. In 2013 the share price was 17 cents.
The President thought I can increase the share price to 8 dollars magically by doing nothing.
Today the same price is 1.9 dollars. Old share price will be 4 cents. If the company has done nothing
during that time then what is wrong with 4 cents. However I still think if the company has not
divided by 50, the price would be much higher than 4 cents of 2013.
I know two other companies that did similar things, they are also way way down.
My advice to Presidents is if you cannot do more productivity of the company let the price of
the share go where ever it is. GIMMICKS DO NOT WORK.
Darwin was trading at 5 cents on Feb 2014. The President thought divide the shares by 5 , change the name to Tinka and so the price now is 25 cents. Company has done nothing. So it is a gimmick.
Today the price of Tinka is 8 cents. What a big mistake. Old way of Darwin is 1.6 cents.
My opinion is if the company name be kept the same it will not go to 1.6 cents that is what is today.
Do not change the name of the company and not divide by 5. Let the things stand but improve the company.
Gimmicks do not work. I do not think Darwin will go to 1.6 cents. If it really goes to that level then the company is finished. If this system works then decrease the shares to one million and see what happens.
The real test is income and expense statement.
If they have not changed name and divide the shares by 5 the stock price would never have gone to old 5
cents. Now they are giving millions of shares to some body. All is bad. There is nothing we can do.
Just lose our money. Dejour name took lot of years. The name DXI is just few days old. Dejour would never have gone to 5 cents. One cannot live on borrowed money for ever. I am losing money and that is sure like death and taxes.
When a stock is in development stage that must in over the counter market.
Going to NY stock will not help. Big investors knows how to read the income/expense sheet.
Back to 6 cents old. If decreasing the number of stocks will help then why not have only 1 million
shartes. It will not. Only thing that will help is production. .