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shawnb

05/13/18 12:35 PM

#40174 RE: goldpenny7 #40173

ASTI Why then Boone Group Just Invested $2.81 M ( 702.5 M Shares 0.004 per share ) into common stock of the company at the fixed price of 0.004 per share? Doesn't look like the R/S vote will be approved? All IMO

mdb1

05/13/18 2:28 PM

#40178 RE: goldpenny7 #40173

R/S in my observations don't turn out well for OTC (non-profitable) companies. The price tends to remember the "old price" -- in this case DOWN. [Of course a split works that way as well -- where they remember the "old price" ==> UP]