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Re: go4yordream post# 48892

Saturday, 12/18/2021 10:05:40 PM

Saturday, December 18, 2021 10:05:40 PM

Post# of 58671
Go4yourdream, a reverse split is nothing to fear. Say today you own 10 shares at $10/each for a total investment worth $100. Say the company reverse splits 1 for 10. That means you now have 1 share (worth $100) instead of 10 shares (worth $10/ea). Just as, there’s no difference if you have 10 singles in your wallet OR a ten dollar bill; it’s still worth $10. So the reason to do such a thing may be to satisfy Nasdaq up listing requirements where the share price needs to be a few dollars for consideration. The value remains the same. No issue. They just may be thinking ahead. The merging entity wants the share structure how THEY want it. It’s like a new buyer to a home wants to paint the pink bathroom with the pink toilet because it better fits their vision. Pink toilets icky