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Alias Born | 11/29/2010 |
Friday, November 20, 2020 3:49:27 PM
POINT BEING... new management pulled a 1-for-50,000 R/S BUT only reduced the A/S from 9 billion to 1 billion. IF they had reduced the A/S by the same amount it would have been a mere 180,000 shares.
So all things being equal, the 1 billion A/S (cough cough) "reduction" was actually equivalent to a gigantic increase in the number of shares... +555,455% if my math is correct. And that O/S of 7,259,674,499 which was reduced to by the R/S to 145,193 has since exploded to >>96,365,470<< ...equivalent to a pre-R/S increase of >> +66,271%
This is how scam tickers destroy old shareholders then move on to repeat the process.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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