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Dragon Lady

03/06/17 11:12 AM

#25337 RE: StaleyCornell #25330

Quote LOL, "Triple zeros? Lmao. Get real ""

Uh....it was trading in the infamous TRIPLE ZERO sub penny stink zone on close to 2 BILLION shares issued. They didn't do a MASSIVE 1-for-1000 REVERSE SPLIT in Nov 2015, cause things are going swell and all???

The split corrected price today is approx .000035 or whatever the Bid is right now. Gotta "split correct" to get a true and accurate price, that reflects the MASSIVE PRICE DECLINES (99% or more since the present CEO and CSO took over in mid 2010) and the MASSIVE amount of dilution shares issued, now in the BILLIONS of shares since their IPO in 2008.

Triple ZEROS is a hard fact of this company's recent history. They didn't do a "make over" name change and REVERSE SPLIT for no reason? It helps "scrub" their actual past and make harder for people to see how actually dismal the stock's performance has been, cause a split that large totally jacks-up all historical charts, SEC filings, and similar info. (unless of course one knows how to "correct" for that massive divisor of 1000 and "back it out" of all historic calculations, charts, etc)

Since the Nov 2015 1-for-1000 REVERSE SPLIT, only a little over 1 short yr ago, the common shares have AGAIN gone on to lose at least 90% of their value AND have been massively and continually diluted again, at least a factor of approx 100X more shares O/S today, than on Nov of 2015.

So yes, TRIPLE ZEROS is this company's factual history.