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transcendself

11/22/17 11:24 AM

#239280 RE: pearjammer #239242

Try 50:1 reverse split. They've made a practice of ripping off the shareholders ability to make any gains.
When they reverse split, they will go for the jugular. ..

It will work out financially best for the BOD to take as much from the common shareholders as possible. And remember, their preferred shares won't be included in the r/s... only the supporters of the company will get screwed...

How will the r/s screw you? They will (through the r/s) cut your share count to 1/50th of what you have, if you don't get out on the day they push the price up, the next day it (pps) will have dropped to below where it was before the r/s...

This will remove all value from longs, and prevent the original investment amount from ever returning to what it was when originally bought, and the only ones who will see green again will be the BOD.