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Re: LightandShadow post# 7269

Tuesday, 05/23/2017 4:09:34 PM

Tuesday, May 23, 2017 4:09:34 PM

Post# of 50154
The stock will stay at .02 area until reverse in a couple of weeks. The reverse will be 1 for 500 bringing the after reverse price at $10. So for every 10,000 shares u own will get 20 shares valued at $200. The market makers will work with note holders to drive the price to $5 a share bringing your 10,000/20 shares valued at $100. They will then do a deal where the noteholders get co for monies owed. No short squezze coming as price will settle at .02 or maybe lower up to reverse. Another note, the co. will do the reverse thru the transfer agent right after the Annual meeting on June 5th, as its a done deal. Bottom line, shareholders are screwed again for the 3rd time in 5 years.
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