Replies to post #7458 on Dragon Capital Group Corp (DRGV)

[Reptos]

DRGV.Stock split ? at .0002? That's the most ridiculous idea I've ever heard. Here's how a stock split works: Companies whose PPS has risen too high and are looking to make the stock price more attractive to new buyers will often do a stock split. Say the PPS is $100.If you do a 2 for one stock split each shareholder gets 2 shares @ $50 for every one share they own @ $100. This usually results in the increase of the net share price as new buyers are attracted. What you are proposing is a 10 for 1 stock split,which is 10 shares for every 1 share of DRGV,which would make each share worth .00002. Which is an invalid price ,obviously.I would think that someone who claims to have a series 7 licence would know that. Perhaps you confused a stock split with a reverse split? A reverse split of 1 for 10 while raising the PPS would not create any value.To the contrary. Most R/S scenario's result in a drop in price,since the A/S doesn't change and there are now 10 times as many shares to dilute with.The misinformation you have posted does no good at all.IMO