Replies to post #9414 on VeriTeQ Corp. (fka VTEQ)

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Wouldn't a 1 for 10000 mean it will trade at $1 a share in the morning. I had 3.8 mill worth $380 so I would have 380 shares worth $380 at $1 a share. Am I confused or wrong???? If so why are people saying it will be trading at $2.50??? Someone who is not a noob like me please elaborate this is my first r/s