Green Cures and Botanical Distribution Inc (GRCU)

[fear ceoil]

R/S definition is incorrect.



Reverse split is the combining of shares by a company which results in the PPS being raised and the number of shares available being reduced.

Ex. before R/S 100 shares at $1
afte a 10 to 1 R/S 10 shars at $10
and the portfolio value stays the same at $100.

Reduction of shares can occur in other ways such as a buy back. Buy back means the company pays the stockholder for the shares and the company removes the shares from the market.

a good source for info is www.investopedia.com[tag][/tag]

IMO

Best to all.