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Re: chloethebull post# 16311

Saturday, 03/21/2015 10:18:49 PM

Saturday, March 21, 2015 10:18:49 PM

Post# of 20265

"So am i correct to say that the o/s are now 500mil and our shares are suppose to be worth .004c...are there any positives that can come out of this r/s maybe someone buys the remaining shares and takes out the whole company?? Personally it looks like its going to 00000000 lol not funny but at this stage what else can be done"

What will happen is the same thing that happens with almost all reverse split scenarios of an OTC Pink stock.

You will not be able to sell your shares until your broker acknowledges having received the replacement stock certificates from the transfer agent. Depending on your broker, this can take days or it can take weeks.

While most of you are waiting for your broker to allow you to trade your shares again, the PPS will drop about 80%. So, you will be fortunate if you can sell at $0.0005 post split.

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