Replies to post #940 on China Liaoning Dingxu Ecological Agriculture Devel (CLAD)

[DesertRat1]

$20 per share will mean nothing to investors who owned stock before the two splits. The price will have to be $75 per share for those investors to break even. If someone bought 10,000 shares a year ago and suffered the 1:20 split and then the 1:15 split they would only own 33 shares. They won’t care about $10, or $20, or even $30 per share. They have nothing left.

Chin was stupid to allow himself and his consultants to convert their shares in January 2015 at $0.10/share after the first split. He thinks everything can be fixed by reverse splitting the shares again after his big mistake. The problem is no new investors will bother with the company knowing such a fool is running it. Who would invest in stock that the CEO keeps splitting? Nobody.

[DesertRat1]

Company changes name? 8K filed:
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=z01J%252fGCQpdQ5dQHgOt8ftg%253d%253d&nt7=0

"CHINA BAILIBERRY DINGXU TECHNOLOGY CORPORATION"

What is a bailiberry?

I've heard of a blueberry, and even a bilberry, but never a bailiberry. haha.

Please tell me Chin didn't mess up the name of the company.

[DesertRat1]

As expected, no trades since the last reverse split. The share price spread is $2-$99. Nobody is going to buy this stock in its current structure. Chin made too many mistakes. Mushroom income is declining, there's no blueberry company, and now there are no free-trading shares to make this stock liquid because of two stupid reverse splits.

Mr Chin, if you happen to read this, the only way to fix this requires 2 steps. Step #1 is to cancel at least 50% of the shares YOU own and, Step #2 is to execute a FORWARD SPLIT (at least 10 for 1) to increase the number of free-trading shares. Of course I don't expect you to do either of these things. I expect that you'll just keep throwing your money away by paying to keep CLAD listed on the market and registered with the SEC. But be warned, nobody is going to buy your stock the it's current state. Nobody.