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Post# of 793582
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stoxjock

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stoxjock

Re: Commons_Cancelled post# 683619

Thursday, 06/17/2021 11:34:26 PM

Thursday, June 17, 2021 11:34:26 PM

Post# of 793582
Reverse Split? Looks like you do not know Valuation 101. When the Assets increase massively due to cancellation of Warrants(which is nothing but Outstanding Stock), and cancellation of NWS, you have to 'Forward-split' the existing shares just to keep up with the massive spike in PPS to reflect the new 'Assets' increases. Mkt Value could 250B, that is 100 x from now. So PPS would have to reach $225/share minimum, without any forward-split...
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