InvestorsHub Logo
Followers 49
Posts 1992
Boards Moderated 0
Alias Born 11/02/2020

Re: cojoboy post# 27605

Wednesday, 01/11/2023 10:32:39 PM

Wednesday, January 11, 2023 10:32:39 PM

Post# of 28548
I can't make up my mind whether it's funny or sad that some folks don't realize the value of their shares according to the EAC deal is stated very clearly in the merger agreement. $0.0029/share (and that's assuming a very generous $35m market cap.) That, my dear friends, is called sub-penny.

But, it will trade at a dolla on Nasdaq so the response will be Nuh-Uh. This Board is priceless!

1 million shares on the OTC are worth $15k today at $0.015. After the merger, those 1 million shares will convert to 2,900 shares. When it plummets to trade at around a dollar, those shares will be worth $2,900. That's the same as saying pre-merger, the shares were worth $0.0029. Go ahead, do the math. Multiply 1 million x 0.0029 to get the same money value in the ol' trading account....$2,900.

I know, I know....Nuh-uh.....
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent UNQL News