Colorado Goldfields Inc. (fka CGFI)

[Zorax]

From cgfia post # 53730
So at the current CGFIA Market Cap Value of
$112,000,000 Means the Stock Price should be $16.00 And that $16 dollars x 1000= $16,000.00

And that is so wrong.
In a reverse split, the common shareholder keeps the same value of shares at the present price as pre split.
Example:
1 million shares at .0001 = 100 dollars.
Reverse split at 1 for 1000 leaves 1000 shares.
The post price for the stock would be .10
The same value as before the split.
Your 1000 shares equals .10 for 100 dollars.
Market cap is not part of the equation.