Replies to post #101898 on Quantum Materials Corp. (fka QTMM)

[QuantumTravesty]

I stopped reading when your math didn’t jive.

[BigE1960]

Dude, in your scenario, you lost 50% before the split. Like in every case losing that amount, the price will then need to appreciate 100% to breakeven. So $5 to $10, not $50.

100 x $1.00 = $100
100 x $0.50 = $50
10 x $5.00 = $50
10 x $10.00 = $100

[stphaoe]

You guys are right. I apologize, bad example. BAD MATH. If you bought 50,000 shares of Quantum, over time, averaging out to .10 per share, that is $5000.00 and you got a reverse split of 50 to 1 at .02 per share, 1000 shares at $1.00 per share. That means you have to make up the loss of $4,000.00 with only 1000 shares. SOMEBODY! Is that correct? So does it have to go to $5.00 a share to be even in this example? Anybody? This RS amount is not out of the realm of reality. I really mean it, correct me if I am wrong.