Wednesday, November 14, 2018 12:07:19 PM
That equates to $100 (1,000,000 x $.0001)
Then tomorrow the the reverse split goes into effect.
You'd then have 100 shares (1,000,000 / 10,000)
valued at $1 per share at opening bell.
So, you're even, right?
But if the PPS drops below $1 (equivalent to $.0001 BEFORE the RS) you're now losing money, obviously, and the comparative PPS to before & after RS is essentially less than $.0001 PPS...and it still has tons of room to drop, back to $.0001 PPS just like its done after the other reverse splits.
And $BVTK is going to do just that. Investor sentiment is ruined and the upcoming 10Q will be terrible, as they always are.
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