Winners Inc (WNRS)

[kentonmag1]

Yes because everyone knows that after the proposed split happens that the consolidated value will evaporate. Anyone with 30,000 shares will be left with 100 shares. As mentioned if the share price was .05 cents before the R/S, the after split price should go to $15. That isn't going to happen with these scams.

The reason it has dropped 70% is that all the experienced otc players have seen this happen before and know what happens so they get out quick, those that stay in get mugged.

You ask why the drop since the meeting hasn't happened yet. Since the Company put out the statement yesterday how many current shareholders have got a voting form to challenge it. Since this is a P & D most current shareholders weren't on record with the Company to warrant a voting form to be sent out to them.

The only way this wont happen is if the Company have an ulterior motive for not doing it, which means the statement was a ploy in the first place.