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Re: None

Friday, 03/24/2023 7:13:19 PM

Friday, March 24, 2023 7:13:19 PM

Post# of 156717
Hopefully this helps, as there is some serious misunderstanding of the impact of the reverse split and the of the alleged “media assets” to the reported book value per share in relations to market price.

Using today’s close $.0007

You own 100 shares
Total Market Value of your shares = $.07 (100*.0007)
Outstanding Share according to OTC Website = 6,383,687,017
Company Market Cap = $4,468,580 (.0007*6383687017)
Authorized Shares = 9,500,000,000
Shares Left to Dilute = 3,116,312,983
Book Value approx = $514,441,340
Undiluted Per Share Book Value approx = .08 (514441340÷6383687017)


50:1 Reverse Split Happens,
Price per share is now $.035 (.0007*50)

You own 2 shares (100÷50)
Total Market Value of your shares = $.07 (2*.035)
Outstanding Share = 127,673,740 (6383687017÷50)
Company Market Cap = $4,468,580 (127,673,740*.035)
Authorized Shares = 9,500,000,000
Shares Left to Dilute = 9,372,326,260
Book Value approx = $514,441,340
Undiluted Per Share Book Value approx = $4.00 (514441340÷127673740)


The total value of your shares is the same