Thursday, May 25, 2017 8:45:57 PM
Since we had a 1 for 4,000 reverse split, a share of DVME pre-split at $0.0001 had the same value as a share of PEDE post-split at $0.40 (forty cents). So a PEDE pps of forty cents is your break-even point for shares you bought of DVME at $0.0001.
PEDE had its first (and so far only) trade today, when 287 shares traded at the bid of $0.045. So essentially a $13 trade reset the pps from $0.40 to $0.045 for the time being. Typically with pink sheet stocks, after there has been a reverse split, the pps declines from its initial reset point. But as you know, PEDE didn't just have a reverse split. A merger is also involved with the Russian company StroiTechSnab LLC. So anything could happen. We shall see.
Be sure to check out this really good post from Stervc.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM