Thursday, July 05, 2018 10:12:26 AM
The under 1 penny is reverse split adjusted, meaning that let's say it gets to 0.008, and HMNY does a 1 for 250 reverse split, the PPS Then jumps to $2.
It doesn't matter what the "current" PPS is. It just matters how much value shareholders have lost. That's why DCTH victims saw $100K with 500K shares drop to a few dollars with 3 shares left. Zero is still Zero no matter how many times you cut it up into fractions.
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