I am not positive of the exact numbers they used to base the RS off of but I will get close here. So the shares divide by 200 and the price multiplies by 200.
I think they used the price of .0003 and it multiplied to .006 ish I think they had to use 620 mil shares prior to split.
How they came up with those numbers I have no idea.....It is what it is.
Now yesterday it looks like there was a 150% increase in the stock price. This is what bumped it to .10. I could be wrong here, that is just what I am seeing. Probably at the hands of the MM's
Now I compare GETH to ERBB. Both of them are share selling scams. I unfortunately have been in both. There is no underlying assets to either of them and they sell shares to live off of.
So ERBB went through a MASSIVE RS last year too. 500-1 RS. Got the price of ERBB back up.
After the split many investors thought it was going to be a new start. That all ERBB needed was a new start and POW!!! Millionaires. Well let's look at what has happened to ERBB after the split:
The last price is back to 0.0091. It has taken 3 months for the price to go lower than a penny and it will keep diluting back down to trips........
GETH is no different. GETH is and always has been a shell company that creates other shell companies to cover its nefarious activities.
I think this is the 3rd RS here. Please correct me if I'm wrong......But I think i'm right.
So take this for what it's worth, it is your risk. There may be a post RS rally here. Gary may even PR a little bit and stir some excitement. But underneath it all, GETH will be GETH.
I guess THIS one will be the difference maker......SMH
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