Monday, January 16, 2012 10:06:03 AM
Reverse splits in no way whatsoever affect the value of an investor's holdings (nor do forward splits). The value of each individual share is increased (or decreased in the case of forward splits) in direct proportion to the decrease (or increase) of the number of shares.
Companies often do forward splits to keep their share price less than $100 because many investors are reluctant to buy shares above that price. (Berkshire Hathaway is a notable exception. It has never done a split and that,combined with its remarkable success, has resulted in a share price currently of $116,520! Most investors can't afford even a single share. I have to suspect that that tends to keep the volatility down!)
Splits do have temporary effects of the SP but that is because of what is perceived to have prompted the split rather than the split itself.
Because of the apparent common misperception among many KBLB share holder that they had received a "share dividend" when KBLB did a forward split, doing a reverse split to qualify for the NASAQ or other major exchange might have a temporary negative effect on the share price (AKA "buying opportunity"!)
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM