Replies to post #7396 on mPhase Technologies Inc (XDSL)

[Proudfoamer]

Son of a bitch!!!!!!!! Another reverse split????? Does every penny stock R/S? Or is it just the penny stock I invest in?

[HANK27]

Wondering how you came up with that?
The RS is listed as 5000-1 so in order to keep current profitability for investor the stock would need to be about 1 dollar pps, but they are going to list it at 0.01 pps par value.
how does the new acquisition make it $0.50 pps?