Neovasc Inc (NVCN)

[AVALANCHE06]

You have your RS split numbers backwards. An RS would be reflected as using your figures as//// 300/1 or for every 300 of your shares you will retain 1 share of your shares total held at the time of execution.

A 300 for every 1 share is a Forward Split formula and results in PPS decrease. Meaning the existing shares would become cheaper and is opposite of the RS intent which reduces shares outstanding and increases the share price due to less shares issued.

To which as to how both types of splits are viewed or assessed.

The forward split is positive indicates some strength of share price to grow back or increase going forward.

The RS split for the most part is viewed as negative by share holders as its a corrective action. That needs to be undertaken in order for the company to meet listing requirements and remain as a going concern.

So where the Forward split increases share holder value. The RS decreases share holder value even though the initial invested amount is the same. Because the shares are now suddenly more expensive due to the increased share price and carries a higher risk of price falling again due shareholder sentiment being affected and hesitant to buy at the raised price level.

I as many others have probably had to deal/cope with RS actions and its for the most part results in overall negative value regardless of what the company has as a product or items in its pipeline awaiting positive development or PRs expected.

Basically the RS is an effort for a company to buy time and try to regain its status and there is no guarantee it will work or be profitable to anybody interested or concerned.

GL