Friday, December 21, 2018 3:31:02 PM
Canadian Shareholders had their shares split back in July. Their CUSIP number changed back then and were unable to sell their stock until today.
Since the announcement back in July the stock was still trading pre-consolidation. Therefore anyone who bought stock prior to TODAY will basically have worthless shares ( divide your stock by 553 ).
Anyone who sold their stock today on a pre-consolidated figure is SHORT.
The consolidation occurred this morning and the stock is now trading on a 1.6 million share float.
So 1.6m x .03 = $48,000. Is the shell worth more than 48k or less. You decide.
If the stock was trading yesterday at .01. Today it should be trading at $5.53. So essentially anyone who buys today is getting a deal.
No need to prove me wrong. This is my last post to correct the mis-representation that has been bantered here.
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