Monday, April 24, 2017 3:09:29 PM
Pre reverse split:
40,000,000 shares @ .0001 per share = $4,000.00
Post 1:4000 reverse split:
40,000,000 shares ÷ 4,000 = 10,000 shares post R/S
Pre R/S share price of $0.0001 x 4,000 = post R/S share price of $0.40
10,000 shares x $0.40 = $4,000.00
So the stock price initially after the reverse split is $0.40 per share, and the stockholder's market value is initially the same as before the R/S.
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