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Wednesday, 01/07/2015 9:33:42 PM

Wednesday, January 07, 2015 9:33:42 PM

Post# of 90351
Yes, Dorothy, you can escape this logic. From the Waffer FB page:

Corewafer Industries, Inc.
December 23, 2014 at 3:31pm ·

Investors often have a tough time understanding the simple math behind a reverse split. The reality and their perception often differ because while they often don't like the thought of their position size being reduced, reality is that the net value of the shares owned remains constant. Whether you own 1000 shares at a $1 dollar or 100 shares at $10 dollars after a 1-10 reverse split, the net value of your investment is still $1000 dollars.


"reality is that the net value of the shares owned remains constant." Oh, yeah. For about a day. And then pretty soon, we're back to needing ANOTHER reverse split to "enhance our ability to meet the initial up listing requirements." GAAAGHKKACKACK!!