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Re: None

Friday, 01/05/2018 8:50:28 PM

Friday, January 05, 2018 8:50:28 PM

Post# of 7226
If you look at the trading history yesterday, there were lots of odd lot purchases of 1 or 100 shares. This is because simply holding 1 share pre-consolidation, will be rounded up to 1,000 shares, and consolidated into 1 share. However, in addition, each shareholder is given a minimum of 100 post-consolidation shares, which have a value of $400-1000....

Pretty good return on a 1 share purchase of $0.004 I'd say... These types of reverse splits with minimum 100 board lot return are rare (and usually they won't say that they give a minimum of 100 shares beforehand). I have two trading accounts, and purchased 1 share in each, so we will see what happens.

My intention here was not to boast about these possible returns, as I know lots of people have lost money here. Just wanted others to be aware of the strange activity yesterday, and also that the stock will likely see even more near term pressure as those people with newly-minted 100-lot prizes will be willing to sell at probably anything above $2.

My 2 cents