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Sunday, 03/01/2015 1:07:01 AM

Sunday, March 01, 2015 1:07:01 AM

Post# of 123644
Trading stocks we all see this reverse split thing spoke about.... MRIB has not came out saying a reverse split nor can anyone say they will do a reverse split.. Now that that's out of the way, IF a split is done in any stock traders always assume the worst.. I personally think a split in MRIBs shares would be beneficial for the pps, lower the OS in MRIB is a good thing, less shares to be traded meaning chasers will be running further for shares.. Now if MRIB needs some funds to run the company before Brazil revenues come in, shares diluted would be minimum because the price per share will be higher after the split.. Remember, market cap of a company does not change after a reverse split, it just means your shares are worth more and there are less to go around...