Ok. How about this then. Call me greedy maybe. If you are fortunate enough to be buying into this company NOW at the barely breaking a penny prices then yes, any split will be profitable.
For those who have been here a year with a much higher buy in price because when they bought the stock at .045 because this thing was "gonna be trading at .25 minimum by the summer (before the big buy back and reverse split at the end of the year), at 200/1 nobody should be "happy", "excited" or "enthusiastic" about what this company is doing.
I'm sorry, but taking this down to .015 then splitting to hit the 3.00 requirement is NOT taking care if your shareholders. Get this thing higher than what it has been trading at in the past, then split. You make sure your "investors" are taken care of.
I am not a big investor here. I have my eggs in another basket. But whether you have a couple thousand shares, or a couple million shares, if you didn't buy at this level, and if you bought where I did, this thing will have to raise 400% (after the split) to start seeing ANY profit.
Your math is great for somebody who buys all their shares at a .012pps. Then of course, any gain profit. Though a split at .012 isn't hitting that 3.00 requirement either. But even still, at .015, we would be at out 3.00 requirement. How many people here have a .015 avg pps in their portfolio. Considering this has only seen these levels (conveniently right before the split is allegedly supposed to happen) for the last month, I'm willing to bet MOST are like me, are more in the .025-.05 avg range. So now I order to break even and see any profit, we will have to see this stock start hitting the $6,8 ,9 even 10 dollar range. Impossible? No! But again, being that this stock has say between .03 and .04 most of the year, shouldn't we make sure that is where we are (if not higher) before the split? Taking care of out investors who have helped keep the company afloat?
Maybe I'm being unrealistic here but aren't we all here for the same reason? $$$$$$$$$$!!!!!!
200/1 at this level is no good. I don't care what you say!
