InvestorsHub Logo
Followers 71
Posts 13221
Boards Moderated 2
Alias Born 05/30/2004

Re: Zorax post# 8908

Monday, 04/24/2017 3:09:29 PM

Monday, April 24, 2017 3:09:29 PM

Post# of 9151
To take your example:

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.