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Replies to post #24608 on InterCloud Systems Inc. (ICLD)

Replies to #24608 on InterCloud Systems Inc. (ICLD)
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Joecanada13

03/17/17 5:27 PM

#24610 RE: pennylandspirit #24608

They would have to pay back 1/4 the amount of shares. Just like shareholders would now be holding 1/4 the amount of shares.
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shotsky

03/17/17 5:33 PM

#24612 RE: pennylandspirit #24608

Yes, a reverse split affects shorters the same way as everyone else. ALL shares in the OS are divided by the ratio, all shares held are worth more by the ratio.