Atlas Lithium Corp (ATLX): Yes, this is how R/S works — shares are...

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Atlas Lithium Corp (ATLX)

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Re: Risk vs Reward post# 53438

Tuesday, 01/25/2022 5:00:35 PM

Tuesday, January 25, 2022 5:00:35 PM

Yes, this is how R/S works — shares are divided by a 1000 while the price of each is multiplied by a 1000 for a net neutral effect to one’s holdings or overall valuation. Sure, for most penny stocks on OTC this is done to then dilute again and so the price drops afterwards. For the company that is uplisting to NASDAQ or NYSE right after and has absolutely no debt or convertible notes to dilute with, well, the story may just be very different ;)

BMIX

This post is my personal opinion. I do not provide investment advice.

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