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harpdog

07/19/17 12:26 AM

#7398 RE: otc1investor #7397

does anyone know how the stock options and warrants were affected by the RS? are the options that were valued at .85 before the RS now valued at .085? or would the options holders need to wait until it returns to .85 or higher to purchase?

the stock that i bought for a buck a year ago (that i didn't sell because i stupidly thought the RS would return the stock to it's former glory) is now only worth .12 because i have one tenth of the number of shares. granted, there are supposedly only 1/10th of the outstanding shares available, but shouldn't this stock still be worth 12.50/share (it was 1.25 on 6/29, so 1.25 x 10 would be 12.50)? what happened that drove this share price into the ground?? (i know all about the executives taking huge salaries and millions of shares for bonus's, etc) please help me to understand....

one other thing- did MNGA do a similar reverse split 10-1 on june 26, 2012 like it states in the stats above this??