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Re: QuantumTravesty post# 101890

Thursday, 09/16/2021 3:30:39 PM

Thursday, September 16, 2021 3:30:39 PM

Post# of 104507
Here's the rub as described by critical cat on the other board. If you bought 100 shares for $1.00 a share, and the stock now sells for .50 and the company does an RS of 10 for 1, you now own 10 shares at $5.00 per share. You are down $500.00 and you only have 10 shares. The stock has to go to $50 a share for you to be even. And that is only at 10 for 1. With QTMM, a reverse split, in order to make sense for the company, screwing the investors in the process, an RS would have to be much, much higher. If and when that happens, we are all underwater no matter what, forever. The thing that will save us from an RS is that Mr. Squires is in this boat with us. AT the present share price he would stand to lose a bundle, and a big bundle at that.

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