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xdrive

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xdrive

Re: Zorax post# 191413

Wednesday, 09/09/2009 5:00:05 PM

Wednesday, September 09, 2009 5:00:05 PM

Post# of 346917
Isn't there something wrong in your calculation?

It's not really good news to common shareholder longs though.
If one held 1,000,000 shares @ .13 pps that would be 130,000 dollars !? After the split that holding would be 10,000 and even if the pps went to 1.30, it would only be 13,000.00!
Quite a drop.

1,000,000 shares @ .13 pps = 130,000 dollars
after split:
10,000 shares @ 1.30 pps = 13,000 dollars?

Shouldn't it be 10,000 shares @ 13.00 pps = 130,000 dollars?
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