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blimps

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blimps

Re: None

Friday, 02/17/2017 10:21:10 AM

Friday, February 17, 2017 10:21:10 AM

Post# of 8299
Let's just look at the last 2 reverse splits and see what the effect was. On 11/9/2009 they announced and executed a 1 for 15 split. Yep, every 15 shares you owned instantly became one share. Then on 5/13/2013 they announced and executed a 1 for 20 reverse split. Yep, your shares were divided by 20 and that was the new amount of shares you owned.

Soooooooooo, one share from 2009 is NOW worth - wait for it - $ .00246 - yep right under one quarter of one cent. Geez, that's not a real good history is it?

Ah, the smell of salt air
and the touch of gentle winds.

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