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Posts | 18112 |
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Alias Born | 01/16/2007 |
Monday, January 22, 2007 9:18:38 PM
Pure Romance is limited in their ability to do a reverse split (unless they issue more shares).
This is what a 1 - 50 reverse split would look like.
Currently:
Share price = $0.015
Shares Outstanding = 200 million
After:
Share price = $0.75
Shares Outstanding = 4 million
Not enough shares to trade, stock is not liquid enough.
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