Chewy, I don't think you made a mistake.
You said:
I bought 60k of HLIX at .20. I haven't sold any of it and i think it was a huge mistake. How is this not a 20-1 reverse stock split at .05 conversion? FORIAN has to debut at $20.00 on the NASDAQ, for the shareholders to break even. too late now - why is this a good for the shareholders? This is a shit sandwich with a huge helping of regret!
I had 20,000 shares at that .20 price at one time. If I had *not* sold it, I'd be better off right now. Today, I bought 100 shares at $14.50 ish. It closed at $15.61 and is at $16.00 in after-market right now.
IFFF I had done nothing, like you did, I'd have 1,000 FORA shares right now worth $16,000 in after-market. Instead, I have $1,600 in after market and bought higher. You are better are off as of today. It may stay that way. I have no idea. It's better to be here on Nasdaq I think.
.20 was a good price for you. .21 pre-conversion is where Zac's options are priced at *to my understanding*. And the director can exercise at .15 pre-conversion. Some pre-madonnas around here for sure, but you are priced in good company.