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Friday, October 25, 2019 5:32:10 PM
So let's say you have 1,500,000 shares and it splits to your ok'd 10-1 ratio. Lets further assume that everything being equal, the stock price increases 10 fold to accomodate the 10/1 split.
So, a million five divided by 10 equals a hundred and fifty thousand.
Say times the current high last week of @ .021 x 10 = .21 equals a dismal $31,500.00
Now, if it had grown organically to say twenty one cents which Mark somewhat alluded to some months back, what does the math give you?
1,500,000 shares times twenty one cents is; $315,000.00 Scooby Snacks.
Not to be dismissive TT but your thought process if flawed.
$31,500.00 in one hand after your ok'd 10/1 split VS $315,000.00 in the other hand for organic growth and no split until a simple twenty one cents. A $283,500.00 difference.
Which one would you pick? And please don't postulate that it would grow to that amount in quick fashion on the big board as it could take over a year, perhaps longer.
I still think your a great poster and have always followed you. You may check my math as there were a couple of white claws involved.
Family Blessings, my one allowed post of the day.
$VRUS
SierraTrader
Quote: TT
I'd be okay with a 10:1
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