Sunday, July 15, 2018 8:46:51 PM
20 shares priced at $50 = $1000 investment
PPS dumps to $1
PPS value 20 shares is $20.
Reverse Split occurs to get a share value to $20
Which is short $ 30 PPS of the $50 PPS you paid.
However, to move the PPS to $20 , 19 of shares are removed from you leaving 1 share for you valued at
$20 .
You have a portifolio still worth $20 but the number of shares reduced 19 shares.
To get your investment even, that 1 share has to rise $980 . What is the odds of that occurring in your life time.
Hope you understand it is a screw job performed on shareholders
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM