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Friday, May 10, 2019 9:48:07 AM
R/S themselves aren't bad... It's when you R/S and continue to dilute that makes them bad...
A R/S itself is just a proportional split... Example... If you own a million shares you bought with say $1,000 and they do a 2 for 1 R/S, you lose 500,000 shares leaving you with 500,000 shares... But your 500,000 shares double in value... So they're still worth the same amount of money... They only lose value from that point of the company decides the further dilute, and they lose value faster then then they would have before the R/S... Twice as fast actually in this example...
It however makes sense to R/S to keep their OTC-QB status if they can't get back above the 1 cent per share threshold, though.... I think because they're penny stock exempt due to their asset value that isn't necessary either... I could be wrong about that...
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