Pretty simple G C .
If you are holding 4,000 shares just divide those by 75.
Now instead of 4,000 you now have 53.3 shares. You must also multiply
the share price by 75 at the same time. So, if it split last night
after the market closed when the share priced closed at .2036
you would hold 53 shares at a per share value of $ 15.27ea..
Your dollar value would N O T change. What you are hoping to gain is
exposure to the deep money pockets of large fund holding companies
that are not allowed to purchase OTC stocks.
That said, EVSI would then have a very small float. It shows ruffly
150 Mil shares O/S. The float then would be 150 - 75 = 2 Mil..
Most large trading companies do NOT like low floats as it is often
hard to get out if you have very large blocks of stock. So if they
do the 75/1 split I would look for them to follow ( once they feel
comfortable with the new listing ) to do a forward stock split to
make more shares available for trading. JMPO on the forward split
potential. They may have other plans. But it is obvious that the
float that low will scare off some investors. However, if they have an
extremely rare product that experiences great demand, such as the
perhaps the Standard TM, then the float size will not matter!!
I am very positive on EVSI, Desmond and the boys!
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