Kentucky Energy (fka QMIN)

[oryx]

I guess I have to explain it again. A 300% gain in the price of a share is no good if you only have 4% of the number of shares you started with

Again, after the 1:25 R/S (02/2011) the stock price soared 300%, not went down!

25,000,000 shares at .0001 = $2500

After the reverse split:

1,000,000 shares at .0003 = $300. You've lost 88%!

The price going up 300% is no good if you only have 4% of the number of shares you had before.

Check the chart and price trading history by yourself!

I'm well aware of the price history. I've been watching this piece of garbage for years. And I've seen reverse split after reverse split after reverse split, and every one followed by the share price falling back to .0001 as Eugene does the only thing he can do to make money with this, which is print stock and dilute like crazy. THERE IS NO BUSINESS OTHER THAN PRINTING STOCK TO SELL TO SUCKERS.

At least last R/S did not hurt the original investors at all

That's absolute garbage. Look at the above example. Any investor in this before the reverse split immediately lost 88% of his investment. And that's assuming he had bought at .0001- if he had bought earlier at higher than .0001, he lost more than 90%. And after the next reverse split, he'll lose 90% of his 10%- which brings him down to 1% of his original investment.

it may hurt the new investors a lot since the price dropped to 0.0001 from the 0.0025.

So why would anyone tell people to buy this garbage?

They should buy the same amount of shares at
0.0003