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Mariner*

06/15/17 1:06 PM

#187464 RE: Giantsgal22 #187463

Briefly? Giantsgal22.. really? Well to start with you haven't entered enough information into the equation to get an answer.

1. What are the split coordinates/what are the directives of the split? 1for1 1for2 1for10 ect...

2. All stocks can perform splits, many big board stocks have done forward splits, but generally speaking I haven't seen a reverse split that turned out well. They usually do go up and then the company dilutes it some more and it goes done again. Lather, rinse, repeat.

https://www.sec.gov/fast-answers/answersreversesplithtm.html

https://www.fool.com/knowledge-center/whats-a-reverse-stock-split-and-can-it-really-help.aspx

Here is one of our knowledgeable members talking about the topic.
Clay definitely needs a shave though and he looks like he just rolled off the truck but he usually does know what he is talking about.



This is his board here on I-Hub, I'm sure he would be more than happy to talk with you further on the issue.

http://investorshub.advfn.com/ClayTradercom-27618/

Mariner*

mdimport

06/16/17 4:34 PM

#187476 RE: Giantsgal22 #187463

The general rule of thumb with a stock doing a 100 : 1 or greater R/S is an 80% loss within the first 30 days of trading post-split. Sometimes its less (50% range). The main reason is the company is recapitalizing by issuing fresh shares post-split which are sold into the market by the debt holder.

So 1.5M shares @ $0.0044 = $6,600

Assume the R/S is at $0.0001 so the 1.5M shares are valued then at $150 (1,500,000 x $0.0001).

Post split at the end of the third days they should be valued around $30 (20% of $150).

Those are approximations. You'd need to know the specifics of the company.