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Re: mckinley1 post# 40915

Monday, 08/22/2016 3:22:43 PM

Monday, August 22, 2016 3:22:43 PM

Post# of 42621
A share is worth the value that someone is willing to pay for it. Right now nobody is willing to pay anything for ANAS shares which is why there are weeks of 0 volume days. That means the shares are worthless at this point, and there is really no argument to counter that FACT.

Claiming one has made money on a reverse split with any stock, ANAS in this case, is utter garbage. Insiders make money on reverse splits because they can sell shares well below the listed value. Investors can't. Nobody on iHub made money when it reversed and it was pretty much not possible to make money afterward because it dropped like rock thrown off a tall building.