Lots of anxiety here today?..It's a Friday night..Geesh!..lol...here's the way I see it..
Hartcourt shareholders get a 80 to 1 reverse..The number of shares per holder goes down but the value of the stock remains the same..The company has made two important changes..The amount of outstanding shares is decrease to almost nothing..the large chuck to be restricted for a year..and a larger established entity is now a part of the mix..not only a part, it is the owner..With less shares and an improved shareprice, I can see the opportunity for Maple China to easily move to a bigger exchange..On a bigger exchange MCED will be able to finance expansion and build the company..
So Shareholders that have held and will hold, will receive a bigger better company with more potential..It is no ones desire to see their shares go from 80 to 1..But the advantage to the future of the company just may make us happy in the long run..4 million shares outstanding could do a lot in a short period if Maple C. can gather up some institutions..Who knows..The possibilities are there though..JMHO