Ealixir Inc (EAXR)

[guiness007]

IN REPLT TO YOUR QUESTION

You never answered my question on the Reverse Split. I'll spell out the scenario again:

You're saying my 3 million shares become 150,000 on a 1/20 Reverse Split. Then you're saying the price will be .003-.004 which means my $10,800 investment is worth $450.00?

You claim to have been in banking so I'm sure you understand the math. Please explain this to me

YOU MISUNDERSTAND ME.

IF A REVERSE SPLIT OF 1/20 HAPPENS THEN THE SHARES ARE 20 FOR 1. IF THE PRICE B4 SPLIT IS SAY .0020 THEN THE SHARES PRICE INCREASES X20 TO ACCOMMODATE THE SHARE REDUCTION IN THE SPLIT.

SO YOU NEITHER LOSE NOR GAIN ON THE TRANSACTION.

HOWEVER, ON A R/S ANNOUNCEMENT THE SHARES USUALLY DIVE AND THEN EVENTUALLY RECOVER, THIS IS WHEN IT CAN COST US DEARLY WHEN IT DIVES

DOES THAT ANSWER YOUR ORIGINAL QUESTION

Dave