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Re: beeber post# 96693

Sunday, 11/27/2022 3:50:28 PM

Sunday, November 27, 2022 3:50:28 PM

Post# of 99737
If they do a 1:1000 r/s, you will
end up with 2,000shrs but at a dime,
if the split happens at .0001. If it happens when it’s at .0002 then it will be at .20. You’ll have fewer shares but at a higher price so the value of what you own doesn’t change. The problem is the selling and dilution will start almost immediately and you’ll watch your value drop and drop IMO. I have seen companies cancel reverse splits, but who the hell knows …good luck