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Replies to post #7957 on Safeplus International Holdings Ltd. (ACAI)

Replies to #7957 on Safeplus International Holdings Ltd. (ACAI)

cougar24

03/16/21 7:09 AM

#7958 RE: threewheeler #7957

It's called DILUTION. Amazing how this ACAI Chinese SPAC magically increases the outstanding shares with no filing or announcement to shareholders.

cougar24

03/16/21 10:55 AM

#7963 RE: threewheeler #7957

If the security details on OTC are correct, it appears they did a 5/1 forward split. So you'll have about 5 times the shares and the stock price will be adjusted accordingly to about 36 cents.