For one, every 50 shares you own now becomes 1 share, but the share price will increase so it's the same value as before the split...
i.e. pre split stock price .01 with 10,000 shares equals $100
after split stock price .50 with 200 shares equals $100
The key is will this go up after the split? The way I think I see it is that possibly a reverse merger could still be in play and if it turns out good the stock could still go up
If I have it wrong someone please correct my thoughts
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