InvestorsHub Logo
Followers 4
Posts 129
Boards Moderated 0
Alias Born 03/09/2014

Re: ahall post# 118001

Friday, 03/28/2014 9:59:48 AM

Friday, March 28, 2014 9:59:48 AM

Post# of 148345
Remember this about a r/s. Here's how you lose big! If you invested $10,000 at the run of .0005 you have 20m shares. Then it goes to no bid x .0001. Now your investment is worth $2,000. Let say it r/s 1:200(minimum r/s in a situation like this, and as much as 1:500) So now you have 100,000 shares. With this number of shares and investment you need the pps to rise to 10 cents for a break even. The market will open post r/s at a MAXIMUM of 2 cents(.0001x200). And post r/s new investors aren't likely to jump on board right away in a stock that just screwed it's shareholders. So the MM's will open it at a penny or less to stimulate trading. There's an awful lot more ticks between .0100-.10 than there is between .0001-.0005. So at best, all of you that think you're going to pay off your mortgage on this one when it runs to .20, you're in for something else! In this scenario, the best you get when it runs to .20 is double, and there's not a lot of chance of it happening by September unless it r/s more than the 1:200 i laid out. If they are determined to be .20 by September 17th it'll need to be a 1:2,000 split! I don't want to even think about how tragic that math ends up....