Replies to post #8946 on Biostax Corp (BTAX)

[Threeflight]

That is correct. That is why the company did all of this (let the stock fall/no PRs/no promotion/1 for 1000 RS). To almost MAKE people beg to buy the warrants. They get their debt paid off and in a year when the warrants are free trading and the stock is down in the pennies they can just do it again.

If something looks too good to be true? Especially in the penny stock world? It always is too good to be true.

[BuddyLou]

Yes...at $5 A share after RS.
1,000,000 x .005 = $5000 cost per share.
After 1:1000 split you are left with 1000 shares. If or when the uplist happens, the share price will need to be above $5 per share to stay out of the red. Again, thats at that cost. At my cost of .0275 a share, the stock will need to hit $27.50 for my initial cost to be at the break even point.
I am screwed, but not like those whose average share price is .06, .08 and .12 basically Noreen, the board and anyone who was given or sold any protected shares at any time over the years, has used us to basically steal people's money.
Anyway, again, good luck to every, I hope you all are averaged down below a penny with you recent buy ups.