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Alias Born 10/03/2012

Re: None

Friday, 02/01/2013 5:51:06 AM

Friday, February 01, 2013 5:51:06 AM

Post# of 68089
With such an aggressive reverse split the stock should open at .20 based upon it's close of .0002 prior to the split. Every 1000 share you owned is now worth 1 share and so you should have the same dollar value in your account. Reverse splits are often viewed as negative but can actually be positive as many times the stock price increases as the company is more valued (with fewer shares). Also at a higher share price the company knows it can bring in investors who may not have been willing to trade sub penny stocks. All in all I actually think this will work out really well if you are patient and don't panic and sell, expect the share price to open around .20 and then in 6 months it will have doubled if not sooner. You do your own math but I am patient and like what I see.

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