CORRECT ME IF I'M WRONG... NADE hovered around .25 for awhile and did a funky forward split 100-to-1, which to my understanding means they've given stockholders 99 shares for every one share they previously owned. So this means the stock was basically diluted a hundred-fold, right? And now it's fallen to about a penny, which is only a twenty-five-fold decline from where it was when it was hovering around a quarter. So... doesn't this mean that NADE is still valued at 4X where it was when it was around .25 (before the split)? In other words, OVER-VALUED. Wouldn't it have to fall to .0025 to balance out the forward split that was done? I'm relatively new at these microcaps so maybe I'm missing something here, but it seems like there's still plenty of downward room for NADE to travel before it starts to rise like some are predicting. I probably just need a little schooling on how these 100-to-1 forward splits work, so feel free to chime in.
