Thursday, February 04, 2010 10:47:12 AM
Their share of the pie? What percentage is that?
How long have you been a shareholder?
What do you actually know of the history of neomedia?
If a reverse split happens, my shares decrease by 100X
The pps temporarily is up 100X and is stomped back down to pennies or subpenny with YAs selling. And, the AS is at 5 billion. 5 billion of dilution.
FOR YOUR VIEWING PLEASURE:
Let's say a shareholder invested $100,000 into this stock overall.
Let's say this shareholder's neom portfolio value is $50,000
with a pps of .01 with 5million shares. At the same time, YA votes a 1/100 Reverse split. Shares sinks to 50,000 and PPS jumps to $1 ........... Chances are that the pps is eventually forced back to .01 .. and then the value of that same portfolio is $500
What will it take for this investment to actually break even - after a reverse split? It will entail a $2 pps. Just to break even.
What will the portfolio be worth at a $2. PPS if there never is a reverse split? $10,000,000
What will it take for the same portfolio after a reverse split to reach the $10,000,000 mark? A $200 PPS.
I like everyone's chances a bit better WITHOUT A REVERSE SPLIT.
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