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WebSlinger

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Re: Blitzed post# 215656

Friday, 02/26/2021 4:07:08 PM

Friday, February 26, 2021 4:07:08 PM

Post# of 278188
<< I don't understand why this board treats the R/S like a boogeyman. >>

Because the majority of the time, a reverse split torpedoes the share price. When the mere mention of a reverse split was made by KBLB in the summer of 2019, the share price plummeted from 50 cents to about 25 cents (a 50% drop).

And just a few weeks ago, the CEO (Kim) left some bread crumbs that the reverse split would be much higher than was previously expected (probably around 50:1).

None of that is good news for investors...
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