Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

This is the problem with irresponsible posts made by those that dont understand the capital markets or how they function in m&A. You do NOT lose your dollar value in your holdings in a conversion! You do NOT lose your money. You lose share count. Your shares are just worth more. If you have 10 shares worth a dollar and the conversion is 10:1 you will now have 1 share and it will be worth a dollar instead of 10 shares worth 10 cents each. You literally can not be reversed out on a M&A conversion structure if it is done properly.

A r/s split can wipe you out NOT a conversion. Very sad that someone sold their shares because someone didnt understand m&a and posted false information. Everyone needs to do their own DD and verify EVERYTHING they read on this board.