Elray Resources Inc (ELRA)

[Garyst]

Nah, they'd be down 50% at the current level. Lets say someone bought 1 million shares at 0001 for $100.00. After the split they would have 333,333 shares left and at .0016 they have about $50.00 or 1/2 of the 003 post split level being we are at 0016 now.

You are right though with someone like me and others being thru 2 splits now. Our accounts are at 0!