InvestorsHub Logo
Followers 21
Posts 983
Boards Moderated 0
Alias Born 03/16/2020

Re: Chiron post# 191087

Thursday, 09/16/2021 1:27:16 PM

Thursday, September 16, 2021 1:27:16 PM

Post# of 222008
GVSI is finished. 2 billion float, no data, debt, dilution and other issues. They may reverse it into a new ticker, cancel all the GVSI shares and start over as a new clean entity maybe another BITCOIN?

One of the AMAZING rules in a reverse merger is the new company has the right to cancel all previous shares in the other company (GVSI) and start a new ticker from scratch and are not obligated to take any of the previous GVSI share holders to the new ticker.

Some companies will try and keep the peace and issue old holders with new ticker shares but the reverse split leaves previous holders with very few shares knowing full well they will just buy more in the new ticker.

Then again they may just walk away after they drop to EM/Gray

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.