InvestorsHub Logo
Followers 93
Posts 21466
Boards Moderated 0
Alias Born 06/07/2011

Re: thenewmixer post# 141557

Friday, 05/07/2021 1:21:19 PM

Friday, May 07, 2021 1:21:19 PM

Post# of 144814
pmcbs reverse split what would be the ratio to get the pps to 4.00 with 50 billion share

A R/S of 1:275 at the current 0.015 gets it to $4. Although Kenny would want to go a minimum of 1:300 or $0.015 --> $4.50.

That would take the O/S back to 7.95M shares.

A SH who had 2M shares and dreaming of having $2M when the stock hit $1 before the R/S 1:300, now has the replacement dream of holding 6,666 shares which have to hit $300/shr to have a value of $2M. One would need a flying carpet to visit that dream.

And while Kenny was shuffling papers for a listing submission to the Nasdaq, it would continue to be up to retail to support the initial R/S $4.50 PPS. Want to buy 10K shares? Before the R/S the cost is $150. After the R/S $45K. It's no longer loose coins in the back of the couch buying N shares.

Those are the two main reasons a Microcrap performing a large R/S see the PPS slip after the initial sessions post R/S.

The only interesting question is how long would it take for Kenny to bloat up the O/S from 7.95M shares post R/S back to 200M --> 500M, and onward to the billions again? As the PPS gets pounded by the dilution.

The Jewel of the Mind is Colored with the Hue of what it Imagines

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PMCB News