Replies to post #30258 on Worlds Inc (WDDD)

[22na22]

Awesome - thanks. Honestly just had a panic moment there.

[tryz]

Datastream.....The dates in the press release has an error to the same date events ?....when does the RS actually take hold and on what exact date does this RS event happen?


BOSTON, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Worlds Inc. (OTCQB:WDDD) has implemented a 5 to 1 reverse stock split of the Company’s common shares, effective February 9, 2018, to facilitate the recently announced warrant exercise of its investor group. The Company's common stock will begin trading on a split-adjusted basis as of the opening of trading on February 9, 2018. The new CUSIP number for the common stock following the reverse stock split will be 98159J200.

[meddoyeddo]

Completely agree, 5 to 1 is reasonable. I don't think the shorts can sell it down too much because of the upcoming possible catalyst.

[zagdad]

The Auth doesn't get reversed...the OS gets RS

[abcd12]

BTW the rs has the effect of blowing out the worthless flippers and penny traders who now have to wear big boy pants if they want to manipulate the sp with some serious skin in the game.

Say whatever you want. RS is considered very very bad for any institutions with unstable financial condition and with very risky outlook.

For financially stable and revenue producing entities, RS is neutral and can be considered a good thing. But in the case of Worlds, RS is a very bad thing because its financial condition is unstable, and its outlook is very risky in the sense that its survival is 100% dependent on judges and juries. Worlds' forced RS "was required to implement a reverse stock split of our common shares to facilitate the issuance of the warrant conversion shares to our warrant holders" is a VERY BAD thing.

It seems to me that Worlds does not want to do RS now is because RS is not in its best interest at this time, and the fact that Worlds was FORCED to do the RS in itself is a VERY BAD thing.