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Re: DaBenDan post# 5676

Thursday, 05/02/2024 5:10:45 PM

Thursday, May 02, 2024 5:10:45 PM

Post# of 5862

Well, hoping they do that after a pump at least when they let loose on those authorized shares. Not worth dumping now with no liquidity.

Never seen but a few penny stock do a name change without a r/s. Penny stocks, not real companies. Mostly all of them do the r/s to get rid of their baggage.

These are almost always lose - lose for retail shareholders of the original issue and normally get decimated into dust with 20,000 to 1 conversions.
There isn't liquidity after a r/s for original holders. And at .10, with a 10,000-1 r/s, even opening at .20 won't give anyone left holding double digit count of shares but a couple of bucks.

So what good is liquidity?
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