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mwebb1514

05/07/21 12:10 PM

#141558 RE: thenewmixer #141557

If you own 1% of company stock before reverse split, you still own 1% after. What company does after that might dilute but reverse split doesn’t. It might short you slightly if number of shares isn’t evenly divisible by split number. I’m talking shorting you under $4, maybe well under. Reverse split by itself does not dilute the value of the shares. If they get ind submitted and accepted, and up-list... the value should take off with new and bigger investors. Things look to be in motion. I’m in it to see what happens. Good luck longs.
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DragonBear

05/07/21 1:21 PM

#141559 RE: thenewmixer #141557

pmcbs reverse split what would be the ratio to get the pps to 4.00 with 50 billion share

A R/S of 1:275 at the current 0.015 gets it to $4. Although Kenny would want to go a minimum of 1:300 or $0.015 --> $4.50.

That would take the O/S back to 7.95M shares.

A SH who had 2M shares and dreaming of having $2M when the stock hit $1 before the R/S 1:300, now has the replacement dream of holding 6,666 shares which have to hit $300/shr to have a value of $2M. One would need a flying carpet to visit that dream.

And while Kenny was shuffling papers for a listing submission to the Nasdaq, it would continue to be up to retail to support the initial R/S $4.50 PPS. Want to buy 10K shares? Before the R/S the cost is $150. After the R/S $45K. It's no longer loose coins in the back of the couch buying N shares.

Those are the two main reasons a Microcrap performing a large R/S see the PPS slip after the initial sessions post R/S.

The only interesting question is how long would it take for Kenny to bloat up the O/S from 7.95M shares post R/S back to 200M --> 500M, and onward to the billions again? As the PPS gets pounded by the dilution.