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Post# of 148335
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jlcali621

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jlcali621

Re: DOLL HAIR post# 42308

Sunday, 06/23/2013 11:49:14 PM

Sunday, June 23, 2013 11:49:14 PM

Post# of 148335
A reverse split makes it a really low floater and then they can issue more shares. Raise cash, that is the whole point of a R/S. 10:1 RS would lower the float considerably, but your avg. price per share would go up 10X temporarily and amount of shares you own down 10X.
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