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Re: None

Tuesday, 03/29/2011 1:37:32 PM

Tuesday, March 29, 2011 1:37:32 PM

Post# of 5560
Previous reverse splits...

I owned shares in this company when it was AMAF, before they changed to REMD.

This company has been a Money Incinerator. They have had 3 reverse splits in about a years time. If you owned 1,000,000 shares of this BEFORE these reverse splits, you would now have .033 of 1 share.

Let's say you paid .01 for those 1 million original shares, so it would have cost you $10,000. Now that $10,000 would be worth $.000033. That is money incineration!


1,000,000 / 20 = 50,000 shares
50,000 / 500 = 100 shares
100 / 3,000 = .0333 shares

Reverse splits per OTC Markets Website:
•Capital Change=shs decreased by 1 for 20 split Pay date=08/10/2009.
•Capital Change=shs decreased by 1 for 500 split Pay date=05/07/2010.
•Capital Change=shs decreased by 1 for 3000 split. Pay date=11/10/2010

http://www.otcmarkets.com/stock/REMD/company-info
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y