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Re: MONEYMADE post# 3570

Thursday, 05/20/2010 3:17:57 PM

Thursday, May 20, 2010 3:17:57 PM

Post# of 8105
we had a trade today at .10 so lets do the math.

1 million shares presplit,is now 1000 shares post split.

1000 shares x .10 per share is $100 bucks...

some people paid up to .10 per share BEFORE the RS!
so they have 1/1000th of their equity left.

and imo, was it not only not necessary, it was not smart. such a perfect share structure it had for liquidity BEFORE the reverse split.
its too bad.