WiFi TV Inc. (WIFT)

[camguy99]

HANGFIRE here's a lesson for you.

Anytime a stock REVERSE SPLITS, the chart re-adjusts to keep the PAST RATIO not the past price in proportion. Meaning the ratio between the price in the past and the current price...post 8 reverse splits.

Think about it Hangfire. With 6 reverse splits turning shares from 10 years back into LESS THAN 1/1,000,000..(ONE, ONE-MILLIONTH) OF A CENT. How do you show that on a chart? YOU CAN'T.

The chart shows that in July of 2005 the price was as high as 9.5 MILLION (that 9,500,000). NO STOCK IN THE USA HAS EVER COME CLOSE TO SELLING FOR THAT PRICE.

If memory serves, in reality in July 2005 the price was actually around .10 cents pre-reverse split. Then 20 dollars POST REVERSE SPLIT (1:200) And then CONTINUED to DROP LIKE A ROCK.

The high prices you see exists ONLY ON PAPER. (the REVERSE SPLIT chart)

They never existed in REALITY.



The FACTS ARE the REALITY!