ViaDerma Inc (VDRM)

[BesaoT35]

Thanks. Since preferred shares are not affected in share count in a reverse split the result of the hypothetical 1000 to 1 reverse split would be that one billion common shares become one million common shares and the 30 million preferred shares stay at 30 million in share count.

Does this affect the distribution of equity in VDRM since preferred shares are also equity. The VDRM preferred shares have a value of 10 common shares on the balance sheet. After the reverse split there would be a total of one million common shares. I imagine that they have to become worth 1/10 of a common share after the hypothetical reverse split.

Thanks for anyone who is friendly and helpful. I did go to investopedia to learn about preferred shares. I do think that questions should not be shamed for stupidity. Asking questions is how we learn.