California Grapes International, Inc (CAGR)

[TeeHeeHee]

i wouldn't call this company a scam.. but it does look like it scammed all that invested in the stock.. its trading at bare minimum 0.0001 and now they are doing a reverse split to give it more room to drop.. they claim they are reducing the A/S but with the reverse split in consideration, isn't this still an increase in the A/S?

correct me if i'm wrong, but this is how i see it:

before split: A/S: 5 billion
after 10-1 Reverse Split: the 5 billion before becomes 500 million, so even if they "reduce" the A/S to 2.5 billion it is still a 500% increase?