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Slojab

11/05/18 10:55 AM

#142471 RE: ToothlessOldGuy #142470

I'm guessing no one wants to be in the stock. The last Q helps explain why.

https://www.otcmarkets.com/filing/html?id=12854523&guid=5lyMUaDcyRyo3th

LOL After the 1:30,000 R/S, the O/S went to 296,000 making the market cap $88.80.

Buckey

11/05/18 11:19 AM

#142472 RE: ToothlessOldGuy #142470

OH seen lots of those over the years. a few reverse splits and poof $100,000 to .0003 is a year is possible LOL

HMNY $3900 high now .018

Buckey

11/05/18 11:22 AM

#142473 RE: ToothlessOldGuy #142470

check out some of these beauties for multiple reverse splits
https://investorshub.advfn.com/Reverse-Splits-3017/

over a 2.5 year period is split 10,000,000,000,000,000,000
for one - I think that is 10 cintiliion. whatever is after quadrillion
like this one
PCLO - Pacel Corp. Reverse Split History REVOKED

Symbol Split Ratio Date
PCCE 1:1000 R/S 06/15/2006
PCCN 1:1000 R/S 01/24/2006
PCCR 1:1000 R/S 10/25/2005
PCLL 1:1000 R/S 06/20/2005
PCOR 1:1000 R/S 02/25/2005
PCCL 1:100 R/S 09/13/2004
PACC 1:100 R/S 02/25/2004
PCEL 1:30 R/S 03/17/2003
PLRP 1:100 R/S 04/07/2002
PLRPD 1:4 R/S 10/07/1999

janice shell

11/05/18 1:59 PM

#142481 RE: ToothlessOldGuy #142470

How does a company go from $93,680/share down to $0.0003/share in under a year?

It does a 1:30,000 reverse split.

janice shell

11/05/18 8:30 PM

#142493 RE: ToothlessOldGuy #142470

It did go up, to nearly $3. And then it crashed and burned. That's what usually happens when penny stocks do gigantic reverse splits. Because as soon as the split is completed, they start diluting all over again.