InvestorsHub Logo
Followers 121
Posts 4895
Boards Moderated 0
Alias Born 11/11/2006

Re: rockafuller post# 133204

Monday, 05/05/2014 2:33:33 PM

Monday, May 05, 2014 2:33:33 PM

Post# of 143047
Authorized 200 million
Outstanding 47 million


This just cannot be true. Unless this stock started out at that share count when it resumed trading a few weeks ago which I highly doubt because of recent trading volume, then there are a lot more shares out there than that. I say that because I have been through reverse splits before. When the R/S happens, the amount of shares in your account will be divided by the announced divisor of the R/S. In this case the divisor is 30.