Verus International Inc (VRUS)

[shotsky]

You obviously have not held through an RS. First, yes, the split happens and the new price is affected. However, at that point, every share is recalled by the TA and new shares are issued. Your ticker, at your broker, has a 'D' added to the end...VRUSD. Now, you are not able to trade those shares - buy or sell. There AREN'T any shares to trade, as they are all recalled by the TA, and ALL TRADING IS HALTED. That lasts 3 days, the 'D' lasts 30 days. By the time YOU can begin trading, the price will no longer be what it was on the day of the split. It NEVER is. Anyone that says different simply hasn't been through it.
The REASON that happens is that whales not in brokerages take advantage of those that are in brokerages, and they SELL at the top, dropping the price. they may even buy back when the tanking finishes, but it ALWAYS happens, no matter WHAT the reason for the RS - which is always the same - they issued too many shares and overblew the OS, which becomes an anchor. You can either RS or buy shares back with Profit. No Profit, no buyback. VRUS is not profitable. AN RS is not a good thing to shareholders, period. Shareholders will ALWAYS lose money in an RS. Don't believe me? Try to find even one person that has held through an RS and tell us what company it was. It's easy enough to research.