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