Before R/S -
With a 850 million OS x 0.03 $/share = 25 million market cap.
Aftter R/S -
8.5 million O/S x 3.00 $/Share = 25 million market cap.
The value remains the same, R/S does nothing to our money, money doesn't vanish simply after a R/S. The only thing R/S is going to do is get us to meet NASDAQ criteria! Think about it folks, the company hasn't diluted and are legitimately trying to get us to NASDAQ required prices. The company has also not tried once to increase shareholder value thus far, but this is the last milestone before they do. Why? Because of the consolidated fins, the company is now ripe and they can responsibly raise capital with the new structure. Think about it, an electric car company poised to be a name brand in China worth only 25 million market cap? That's peanuts. They are playing it super smart and not treating this like a get rich scheme off of investors. Like I've posted before, fair valuation for the company is approximately 10 billion market cap, so we will at least 400x from whatever levels after the reverse split. I see the company eventually raising capital (diluting) to an OS of 80 million in 2 years like a lot of companies. At 80 million OS and 10 billion valuation puts the increase from $3.00 per share to in the hundreds while raising billions in capital. Where is that money going to come from? Hedge Funds and big time investors.
Congratulations, we have reached the next in the journey, get ready to kiss OTC junk pinkyland bye-bye, because we are driving this baby home to NASDAQ where it belongs.
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