Golden Matrix Group Inc (GMGI): Umm. Ok For example..if Gmgi is trading...

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Re: fishersgal post# 38969

Thursday, 04/30/2020 8:53:58 AM

Thursday, April 30, 2020 8:53:58 AM

Umm. Ok
For example..if Gmgi is trading at 3 cents
[Which is doable imo]

For every 150 shares you own trading at .03 cents
After a 1 for 150 reverse split , you now own 1 share.
However, share price is multiplied by 150 (thru share reduction, reverse split) and puts share price at $4.50
Broke down for simplicity
.
Board..
Please correct me if I'm wrong

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1D
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5Y

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