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Re: samedison post# 1800

Wednesday, 07/16/2008 12:07:28 AM

Wednesday, July 16, 2008 12:07:28 AM

Post# of 34426
Yes but that is accounting for the 1:3000 r/s. Divid that 330 by 3000 to get the actual 52 week high in price. That equals 11 cents. So before a reverse split it hit 11 cents. Since there were less shares after the R/S the pps has to be recalculated. In a perfect world that should work, but we all know lower boards will never do that and that they always are constantly adding shares.