Integrated Cannabis Solutions Inc (IGPK)

[trader59]

I'll make it simple as well. This is what I said...

Don't let these con artist pumpers mislead you with pizza math. This is the OTC. On the OTC, reverse splits are always followed by dilution of the stock. The company awards shares to insiders, toxic lenders, friends and family, there's conversions of notes and/or preferred stock that was unaffected by the RS, and they sell it. Essentially they dump a whole lot more pizza into the market, and the price of pizza plunges.

As you can see, it has nothing to do with doing the math when the RS is enacted, and has everything to do with what happens when an OTC company does a RS. Also on the OTC, invariably, there'll be some who post and stop at the math to further a narrative "gee, the RS ain't so bad," and ignore the inevitable OTC outcome just so they can either flip from the bottom of the dump when announced or recover some losses.