Validian Corp (fka VLDI)

[PennyWorld]

I am not talking about EPS per say. The only relation that the EPS has with an R/S is that the EPS will be much larger (per share) post split than it will be pre split. There will be fewer shares O/S sharing in the earnings therefore the EPS goes up. It is all cosmetics. But CEOs realize that cosmetics sells shares. Particularly if they want to pump and dump post R/S. This is the classic wash/rinse/recycle process.

As far as cosmetics... what looks better... 1 dollar per share or 1 penny per share to a large investor. An R/S will crank up the $ per share (there will be fewer shares). It's cosmetics. The problem is that usually that dirty little trick by CEO's often wipes out the SH within 90-120 days post split. But they don't care. This happens all the time in penny world.