I know I'll get crucified for this statement. I'm not dumb. I understand the odds of this going to something like that with a split is nearly impossible. Never said I'm against a split. I get how the game is played and understand its inevitable. Granted, and I admit my inexperience, but anything I have watched has talked about MUCH smaller splits (5:1, 8:1, etc..). But a 200:1 is ridiculous. And yes, I know I could have made a 2200 mile shlep to attend a shareholders meeting where I'm sure my one vote was not going to make any bit of a difference. At 200:1, only whales making money here. Not the little guy. It's my judgement, but I don't respect a company that's gonna let their stock crash so they can up list at the minimum requirement. At this point would have to hit $10 for me to break even on my investment. Maybe it will double or triple that. Who knows, but with the stripped amount of shares if have left, that does nothing for me. I'm not here to make 30 bucks. Again, the whales will probably make a ton of money off this company and god bless them.
I hope for all sake that I have to eat my words here and you guys prosper here. Was not for me though. Instead I reinvested into my other stock where I'm more confident I will see a much higher profit.
No distaste here or regrets. I'll certainly keep watching this stock and wish you ALL (even my bashers) that this stock changes your lives.
GLTA