Not hardly. If the new owners succeed in pulling off their planned 1-for-2,500 reverse split the PPS will be re-calibrated upward to .25. So if you currently own 1 million shares today priced at .0001 (value $100)... you'll have 400 after the R/S (value $100). So once they That means
Then they'll pile drive that .25 back down to .0001 again. What does that mean?
Your $100 will lose -99.96% of it's value!!! You'll be left with....
4 CENTS!!!!
IMO THEY INTEND TO UTTERLY RUIN AND RID THEMSELVES OF ALL CURRENT SHAREHOLDERS. THEY HAVE AUTHORIZED 1 BILLION SHARES WITH THE WYOMING SOS WHICH THEY'LL ISSUE TO THEMSELVES AND NEW SUCKERS.
THERE ARE ALREADY 7.3 BILLION SHARES OUTSTANDING. THAT CLEARLY IS AT ODDS WITH WHAT THEY TELL PEOPLE ON THE WYOMING SOS WEBSITE.