Kraig Biocraft Laboratories Inc (KBLB): if the share price drops from 8.00 to 7....

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Kraig Biocraft Laboratories Inc (KBLB)

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Re: trainer2 post# 175969

Thursday, 10/24/2019 1:40:12 PM

Thursday, October 24, 2019 1:40:12 PM

if the share price drops from 8.00 to 7.99 that's a penny, regardless of 1/40 rs. And with only 37500 shares you will only lose 375 dollars.
I'm being facetious. A 1/40 rs will be devastating to shareholders and we will never recover from it unless the sp goes to 500 in a few years. Most of us will not live long enough to see that sp happen.

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