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Re: DezzyDazzler11 post# 247318

Tuesday, 01/09/2018 9:38:45 AM

Tuesday, January 09, 2018 9:38:45 AM

Post# of 290030
A 1000/1 reverse split would mean if you had 10,000 shares before the split afterwards you would have 10 shares. At current price those 10 shares would be worth around $370 so you are really not making any profit on it, its a wash.

The reason that my scenario came up with 1000/1 is that almost 1 trillion shares is astronomical and 1 billion although a lot is a little more reasonable.

Aurora Cannabis has 448,000 shares outstanding. For TRTC to get to that level it would either have to buy back a crapload of shares/retire them or do a 5000/1 stock split which would put the stock price at around $1850 per share. Remember though in this scenario if you owned 100,000 share before the split you would then own 20 shares valued around $1850 per share.

Just to put it in perspective if TRTC went to 1$ per share it would have a larger market cap than Apple Computer.

I hope this explains things a little better.