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Re: Spook-You post# 124758

Monday, 05/16/2016 7:26:06 PM

Monday, May 16, 2016 7:26:06 PM

Post# of 130517
That depends on when an investor bought shares. If they bought before the reverse split they are out with no chance to recover money.

For example lets say an investor bought 100,000 shares at 0.08 cents before the reverse split.

With the first reverse split of 1 for 150 that would mean the investor would now own 667 shares.

Now the company intends to do another 1 for 150 reverse split in June/July 2016. Another reverse split would bring the shareholders total shares to:

5 shares left.

so taking a look at 100,000 shares initially bought at 0.08 cents would mean the person spent a total of $8,000.

With 5 shares of AMBS an investor would have to wait for the stock to hit $1,600 dollars per share just to break even. There is no way this is a gold mine, not even by a long shot. It's more like a money grinder.