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Re: osama post# 110872

Sunday, 08/23/2020 11:40:37 AM

Sunday, August 23, 2020 11:40:37 AM

Post# of 112299

its ok for revers split if the share will be 5$.


In order for BAYP to do a Reverse Split and reach a share price of $5.00, it would have to be a 1 for 50,000 Reverse. An investor currently holding 10 million shares would instantly only have 200 shares at $5 each.

Folks often lose track of the fact that the trading share price can go no lower than .0001. Once the share price increases via a Reverse Split, there is newly created room to further plummet! It would certainly not be out of the realm of possibility to see a $5 per share priced BAYP become a $2 per share priced BAYP, which would be another 60% loss!