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Wednesday, October 07, 2015 12:06:28 AM
They Appear To Be Equal For Bout A Second Until The PPS Drops Back To The Pre R/S Price.
Example;
Shares At .0005 R/S At 100/1
1,000,000 Shares Value $500.00
At R/S This Becomes 10,000 Shares At .05 Or $500.00.
Those Shares Quickly Sell Off Reducing PPS To Approximate Near .0005. The Equity Of The Shareholder Disappears.
A 1/10,000 Split Leaves You With 100 Shares At $5.00 For 0 Seconds Before It Is Sold Down To Pennies.
It Is Rare To Recover From Reverse Splits In Pennyland.
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