Replies to post #113978 on Bioelectronics Corp (BIEL)

[Jimzin]

in the scenario that JustGoDeep outlined (20,000 to 1) or moving from 20B shares to 1M shares of BIEL, you would simply take your current 50,500,000 / 20,000 = now you have 2525 shares but at $14 per share, or $35,350. This $35,350 should match +/- what you currently own.
This reverse split, if/when it happens will be done to move BIEL to a better stock trading board (NYSE) or similar. In practice it does not change your current holdings or dollar value on day one. Many people speculate it's the kiss of death for companies like BIEL...
I have personally never experienced a R/S, but I hope it happens for BIEL so we can get off the pennystock board and onto NYSE or NASDAQ.

[Duke2484]

Here is why he is wrong. Share count does matter, big time. In its simplest form the stock market is supply and demand.

Let's say the share price is $0.01/share...When there are 2,000 shares available at $0.01 it will cost someone (or multiple people) $20 to move the needle - aka buy the shares and move the price to the next block of available shares. If there are 2,000,000 shares available at $0.01 it will cost someone (or multiple people) $20,000 to move the needle... big difference. Especially down here in the stinky pinks.

Unfortunately for BIEL that 2,000,000 is more like 20,000,000,000 and growing. Fast.