InvestorsHub Logo
Followers 94
Posts 14559
Boards Moderated 1
Alias Born 12/12/2009

Re: ThoroughBread post# 68991

Thursday, 10/27/2022 10:09:24 AM

Thursday, October 27, 2022 10:09:24 AM

Post# of 70694
Exactly what 99% of all reverse splits do--destroy shareholders share value. That's why people really need to watch and bail when these CON JOB RS's are announced. You can always jump back in later but usually shareholders loose ALL.

Not only has this lost 75% of the share price,share holders LOST 299 shares for each 300 owned. Someone owning 1M shares pre-split now has a value of 21.99 for those 3,333 shares.

RS's are a FRAUD plain and simple.