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okast

02/07/19 10:42 PM

#4334 RE: RPMcKenna1976 #4326

RPM, did you hear about the latest in
Master Accounting Wizardry and the phenomenon we call PODA?

What do you get when you reverse split 5 (0 value poda's)
for 1 (Big 0 value Poda)?
You'll get a new and improved Poda share with zero value.
And if you say, this can not be done, how can a security with 0 value can reverse split? Think again. You'll hear from your broker on Monday if you didn't hear from him already. You owe him $38 for each account you're holding a PODA in. Hahahahhaha... How you like them apples?
Even Etrade gave up on it... They said, We're sorry Sir... We have no explanation about this phenomenon but you will need to pay for the privilege of holding such a rarity.