Kemiao Garment Hldg Group (KMGH)

[Until2020, formerly Until2017]

After you had your share count MASSIVELY REDUCED by the "Reverse"
merger, what was the real gain?


http://www.investopedia.com/articles/stocks/08/reverse-merger.asp


QUOTE : ... "Reverse stock splits are very common with reverse mergers and can significantly reduce the number of shares owned by stockholders."


REPEATING, "Reverse stock splits are VERY COMMON . . ." ( emphasis
mine ) and it was the reverse part of the operation to which I was referring.


When your ownership is reduced 90% ( typical ) then a TEN TIMES SHARE
PRICE INCREASE is washed out .


I am not saying it can't work, I am just saying that the REVERSE re-
duction is a massive drag on the whole process. ...I think Yellowcake
Mining went through a TEN to ONE reduction ( you could say this instead,
"One share for Ten" ) when the skank Company AIVI took over the shares .



Until2017