JB and ZJMY Holding Co (JBZY)

[FINWIZCAN]

What you are missing is that the Pref shares will give Wang 1.25B shares - despite the commons going from 800MM to 8MM. Therefore the SP won't go up 100 fold, but would likely only double.

Pre- Split O/S 2B (1.25B Pref + 800MM common)
Post split O/S 1.25B (1.25B Pref + 8MM common)

Overall shares don't go down by 99% - they go down by 40%...that means perhaps a double in SP not 100x...

WHY DOES NOBODY UNDERSTAND THIS. Read the filing, it is all there. The prefs are UNAFFECTED by the R/S. Only commons are cut back...

In one week, when this is sub penny, people will start catching on - except by then, they will have lost another 50-75% of their money...