Halo Collective Share Consolidation Explained (NEO: HALO) (OTCQB: HCANF) (FRA: A9KN) – RICH TV LIVE – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced its intention to consolidate all of its issued and outstanding common shares (“Common Shares”) on the basis of one post-consolidation Common Share for every 100 pre-consolidation Common Shares (the “Consolidation”). The Consolidation was previously approved by the Company’s shareholders at the annual general and special meeting #halocollective #news #richtvlive
Do you want to learn how to trade stocks in cryptocurrency join our community of traders go to richpixdaily.com and find the next 10 bagger hey guys how you doing this is rich from rich tv live and i want to talk to you about halo collective so halo collective just did a share consolidation you can see here they’re trading at three dollars and 44 cents in
America having a monster day today after the share consolidation it’s up 63 percent and that’s a huge huge huge candle now this was i think the move that they needed to make i talked about it for a long time i said they needed to consolidate their shares and they finally did it the consolidation is expected to result in a number of issued outstanding common
Shares being reduced from 2.8 billion with a b pre-consolidation common shares to approximately 28 million 673 588 000 post consolidation common shares so this is what was needed for the company to tighten up their float and clearly the stock is responding in kind you can see here not only did they reduce the shares so there’s a tighter float now less
Dilution in the stock less selling pressure but now they also have a higher price with the reverse split so i believe that this is a sign of the fact that they are working on you can see here priced at 430 on the neo exchange right now actually the level two says it’s priced at 599 right now so you could see this price will go up it’s a little bit delayed
Here on tmx money but actually priced at 5.99 in canada right now absolutely on fire and this is their website halocode.com and you should be aware of them now because i believe that they’re positioning themselves to get onto the nasdaq because that’s what they talked about that’s what ceos talked about we’ve had them on our show we’ll have them on our
Show again i’m sure to talk about this huge huge huge move and if they can keep these prices higher with the tight share structure which they do have now i think that this is a sign that they could be making their move because like i said they’ve talked to me about wanting to get onto the nasdaq and right now priced at 344 in america h c a n d halo collective
Inc you could see here up 78 and up even more in canada if we go to the neo exchange we’ll just pop into the neo exchange and we’ll take a look at exactly where they’re priced right now actually all right halo there we go halo collective inc and there it is they’re priced at five dollars and ten cents so you can see here that they’ve been as high as seven
Dollars on the day and up 155 percent after this share consolidation so this is a huge move for halo collective and you can see here the price and how it’s trading right now so very big volume day as well 282 000 shares a lot of people and a lot of shares exchanging hands now at a much higher price at five dollars in canada so this could be a huge move
For halo collective obviously they’re in the cannabis space they’re also in the psychedelic space so this is their website haloco.com stocks on fire today love to know what you guys think if you like these videos please smash the like button comment down below share this video everywhere and subscribe this is your boy rich from recipe live we’re bringing the
Winners bring the news and we bring them to you first thank you guys for watching if you’re not winning probably not watching is your boy rich join our trading club you can join for free at richpixdaily.com you can become a vip member get access to our education center and trade ideas 24 hours a day seven days a week it’s you’re bored rich look at this halo
Collective now priced at five dollars in canada climbing in america look at that 374. look at that candle very bullish and you could see here priced at 5 38 right now in canada so just flying and uh with the tight share structure right now who knows if they can keep it tight look these guys are already international love to know what you guys think about
This pic comment on the video you’re bored rich mr live and i’m out peace you
Transcribed from video
Halo Collective Share Consolidation Explained (NEO: HALO) (OTCQB: HCANF) (FRA: A9KN) By RICH TV LIVE