Cherubim Interests Inc (CHIT)

[TheLaserGuy]

The reverse "split on CHIT" will only delay the inevitable: decline, dilution, and destitution.

This company’s fundamentals have in no way improved, despite a share price that’s 30,000 times higher than it was pre-reverse-split.

The reverse stock split only serves to boost CHIT's share price. A higher share price is usually good, but the increase that comes from a reverse split is just an accounting trick. The company isn't any more valuable than it was before the reverse split. Whatever value it has is just distributed over fewer shares of stock, thus increasing the price. So a reverse split will be taken as a bad sign for this garbage company.

CHIT is simply going to declare the reverse split and go on with business as usual (keeping the A/S the same while dumping shares into the O/S) - lather, rinse, repeat

FLEECING SHARE HOLDERS is CHIT's main source of revenues

Investors/Traders of this steaming pile of poo will see the split as nothing more than a smoke screen, and the price will go right back to falling as they sell their shares.

The bad thing here is that most of you wont have access to your NEW post split adjusted shares.

By the time CHIT splits and opens at the purported $3/share level (not gonna happen), most share holders will be forced to sit idle, watching in despair and frustration as the PPS falls precipitously as they are unable to sell due to their brokerage accounts not having the post split shares available to their clients.

THATS exactly what's going to happen here in CHIT'land