Replies to post #102237 on Zerify Inc (ZRFY)

[Eng62]

Yes it would change and u no it. Straight to the bottom. It would tank

[waterchaser]

Sounds like a SFOR reverse split is in the works.

[Peggy]

Nothing would change? Hardly the case.

SFOR has a sordid history of reverse splits as follows:

Capital Change=shs decreased by 1 for 1500 split Ex-date=03/18/2014.
Capital Change=shs decreased by 1 for 650 split Pay date=02/13/2015.
Capital Change=shs decreased by 1 for 1000 split. Pay date=08/04/2015.

Pretty amazing but if someone owned 975 million shares before the 03/18/2014 RS then after the 08/04/2015 RS they would have been left with a single share. Reduction in share count by a factor of 975,000,000.

Doesn't get much worse than that.

Of course, after each RS the insiders award themselves gobs of free post RS shares for being such great stewards of shareholder value and promptly sell same, driving the pps back down again.

So now they are getting ready for yet another RS.

Sux big time.