RemSleep Holdings Inc (RMSL)

[B402]

It is often mentioned that a reverse split is the kiss of death for a sub-penny


This is all you really need to know. In 2 decades of penny stock investing I have observed literally several thousand reverse splits. Of all those perhaps 2 or 3 have eventually been shareholder friendly in the long term. The large majority are followed by dilution as the company needs cash and either sells into the open market or seeks immediate cash thru toxic financing. Neither scenario is shareholder friendly. Sometimes the announcement comes after the markets close and are effective the following day allowing no one to exit. Also keep in mind there are a lot of scammers in the penny stocks. Watch the managements and keep a file of names and you will at times see the same names appearing in different tickers. Caveat Emptor at all times.

Hope that helps some

........al

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93662298

I would also note the Beloved Kennay
Made No Announcement what so ever to his shareholders