Saturday, August 15, 2015 6:00:36 PM
Just like the previous rev split, you are even money when it happens, then it can go either way thereafter.
Example: if you have 1000 shares at a pps of .025 each, then a split of 1 for 50 (1:50), you then have 20 shares at pps of 1.25 each.
The previous split put us at .014 as a starting point.
Were we harmed?
Will we be this time WHEN and IF the split happens?
Many times companies file a rev split plan but don't execute it immediately. In our case imo it will take place right after SEC approval.
I'll say it again, imo Day has a long term plan in doing this.
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