Spindle Inc. (fka SPDL)

[brawnypete]

How can a stock go lower than $.0001?

Good Question! I will tell you.

Its called a reverse split. Example: say SPDL does a reverse split of 500 to 1. now the 1mil share someone has bought is only 2000 share. but you will say you its has the same dollar value. and I say true, but it is only the same as long as the stock does not start declining again. which is usually the case.

So now your 1mil share at .0001 that reverse split is 2000 shares and is worth less than the original amount you paid for it. less than .0001

The thing to do with SPDL is to wait for a better day. Which IMO will come in the next 18 to 24 month. SPDL has a great finacial technology, but had the wrong person leading the company. I also believe it will be back as a better organization