Not always. Currently the stock is sitting at .0006 post split. We could barely manage .0003 in the first half of year. Reverse splits are OK if you have revenues to offset them against.
They need to raise CAPITAL for these acquisitions to get to profitability. It is not easy when you relied upon a inexperienced CEO who went out and acquired w/o checking the revenue sheet!
Matt screwed all LVGI shareholders, Joe took his eye off the ball. Z says he is a TURNAROUND SPECIALIST
OK turn this ship around. Still rough waters ahead Captain.
OTC investors know we are investing in ventures.
Currently Post Split stock has tripled from .0002
Cheers
.20/300 = .0006 post split.
1000000 reduced to 3,333 shares
3'333 per million owned (#shares) = ??
To get back to original .0002 stock would have to retrace to 67% below today price.
VVVVRRRROOOOOOMMMMMMMMM!
WIND IN MY HAIR
2020 ASTON MARTIN DB11 CONVERTIBLE