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Uncle Gee Gee

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Uncle Gee Gee

Re: pegs1 post# 19136

Monday, 09/07/2020 11:57:11 AM

Monday, September 07, 2020 11:57:11 AM

Post# of 44690
Hey guys... help me out here, as I don’t have any experience with reverse splits with OTC penny stocks. For example, if I own 400 shares of RLFTF at 50c each, then that means I own $200 worth of stock. If RLFTF does a 4:1 reverse split, then I will end up with 100 shares at $2 each, still worth $200...right? What am I missing? Why is a reverse split such a negative thing? Thanks in advance.

Disclaimer: I am not a professional advisor. Seek professional advice before investing or trading. I take risky positions and do not advise anyone to follow my opinions or actions.

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