Paid, Inc. (PAYD)

[RockyW]

Ringer, and if you own 2k shares, you will end up with 200 shares. Conversely, when the 10 for one split will come into play, the value of your account will not change.

Here's a quick example. Someone owns 50K shares of PAYD right now at
.70. If the upcoming split were to have happened today, that someone would on 5K shares at $7k/share. The account value did not change.


There will not be many shares after the split, in the 1.6 M range. The new merged company will have revenues and profits so that's a big change for the better. After the patents were canceled, I was really shocked. However, not all is lost. I think we will see it recover to some extent, so not all is lost. Thanks.