Replies to post #39622 on iQSTEL Inc (IQST)

[stock investor 21]

Share price 2/01/21 was .35
3 week later 2/21/21 it hit $2.00

[lflhdy]

That would not do it. This is a penny stock. A R/S would kill it. Lets just say 150-1 after the news drove it down to .01 x150 would only be 1.50 plus we would have less than 1 million shares O/S which is no good. Any number of split could be the same. Let's just say 4-1 after the sell off still would not be at 2 bucks 10-1 sell off to .20 x10 still not enough so a R/S has to not be in the options.