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rocky301

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rocky301

Re: Killtoy post# 30657

Thursday, 03/24/2011 7:47:24 PM

Thursday, March 24, 2011 7:47:24 PM

Post# of 92948
killtoy,


your ownership percentage in the company does not change.

You own 1000 shares of company X who has 10,000 outstanding shares.
You have a 10% ownership

Company X does a 1:10 reverse split
You now own 100 shares of company X who has 1,000 outstanding shares
Yo have a 10% ownership

If you are a "long" you will probably have a buy average well below whatever pps we reverse at. If that is the case you have done better than the new buyers coming in after reverse. I will watch the new money buying in after reverse, all day long..:)

Thanks,
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