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Tuesday, December 23, 2014 10:47:21 AM
This s a pattern that Jake shown on his previous deal where they done a Reverse SPlit.
Todays Update stated 400 to 1 reverse Split...
That means if you have 1 million shares you divide that by 400
so your left with 2,500 shares
and the price will be multiplied by 400 as that is the split
and currently at .0001 as that is the lowest.
So now .0001 x 400 = .04
What Scam Artist do is now dilute that again which brings down the price
and this will go Subpenny again .03,.02,.01,.009.,.008,.007,etc... until .0001 when they say ok let's do another reverse split...
Rinse Repeat...
Who know it might by a Miracle go up over .04 but 99% of the time it goes and repeats the same DEATH SPIRAL...
FONU has a Crook CEO relations and I will never EVER again buy any stock with Any Relations to a CEO with bad reputation as they will milk all your money away...
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