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Re: mwins123 post# 140104

Wednesday, 08/20/2014 11:14:28 PM

Wednesday, August 20, 2014 11:14:28 PM

Post# of 143047
IMO I wouldn't touch this stock and never have. I heard about the R/S they did and since then I check time to time to see how it turned out. If you were in it before the R/S I'm sorry the outcome was as to be expected. As for a F/S that would not fix anything for you and would be terrible.

Example;
BEFORE; the R/S If you had bought 1million shares for say .001 pps =1000 invested.

AFTER; the R/S you would have 100 shares at 10.00 pps = 1000 invested (same as before R/S)

NOW; pps has fallen to .18! Your original 1k investment is worth 18 DOLLARS!!

IF; They do a forward split "F/S" say just a 10:1 that would put the pps at .018 and your shares would increase in your acct to 1,000 shares BUT still only worth 18 DOLLARS!

THE PROBLEM; you would need the pps to then increase 5,455% from .018 to 1.00 JUST TO BREAK EVEN!! with F/S in OTC's the Co's may temporarily increase liquidity but that's usually a set up for another R/S in a later date. Therefore you will more than likely NEVER recoup your original investment.

For new shareholders after a F/S this might be a good QUICK flip but for the original investors there IMO screwed.
BEST OF LUCK

Full disclosure; Im long this stock. All statements, posts, comments I make are of my opinion only unless noted with sources and or links to give creditability to being a fact.