I am totally confused by what's happened here.
The stock did a R/S at 1:5000 and the O/S was adjusted accordingly. Went from 30,494,218,412 to 6,098,876 just like it was supposed to. Fine.
BUT, the sp is still triple digits when it should have been adjusted at $.0001 by a factor of 5,000 which should have put the sp at $.50. But it seems that instead, the sp was adjusted at some other extremely low sp. Not even $.000001 is low enough to account for the sp being where it is now. The first trade I see on the 21st was at $.002. Now it's in the trip.
Can anyone tell me where my logic has gone awry?
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!