InvestorsHub Logo
Followers 154
Posts 7070
Boards Moderated 0
Alias Born 06/24/2009

Re: ForReal post# 24640

Friday, 11/28/2014 3:38:40 PM

Friday, November 28, 2014 3:38:40 PM

Post# of 60702
He responded yes that is true. The 10,000 to 1 Reverse Split less than a year ago is also a concern. Why do a 10,000 to 1 Reverse Split less than a year ago and then sell the company to a former member of the management team leaving the O/S (20 Million) and A/S (10 BILLION) absurdly out of whack? I'm looking to invest here due to the very attractive O/S vs PPS but the O/S is irrelevant with a A/S this huge IMO. I am trying to understand what is really going on here before I invest my money. I don't want to be diluted into $0 like the last shareholders who got hit with the huge 10,000 to 1 R/S last December.
Please see company info:

http://www.otcmarkets.com/stock/STOA/profile




Security Notes
•Capital Change=shs increased by 40 for 1 split Ex-date=03/02/2007.
•Capital Change=shs decreased by 1 for 20 split Pay date=08/04/2011.
•Capital Change=shs decreased by 1 for 10000 split. Ex-date=12/17/2013.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LGIQ News