EP Global Communications Inc fka EPGL

[Scragapenny]

No worries. A forward split is a form of dilution that does not raise revenue for the company. Since this company doesn't pay a dividend it doesn't serve to build shareholder confidence either.

2 billion float (hypothetically) becomes 4 billion.
pps was .0005 pps becomes .003 for a short while but quickly falls during profit-taking, sell off. 4 billion float moves like the 2 billion float. pps will dive to .0001.

A divvy stock:

10 million float and pps $10/share. Divvy of .05/share.
1:2 split happens
20 million float and pps dips to say $6/share, but the divvy remains .05/share.
Now the stock is more-affordable to investors and it still pays the same divy. The pps will typically rebound and exceed the previous level.

Just look at every split D*LL has done in the past 15 years.