Replies to post #97117 on Bowmo Inc (BOMO)

[varmit]

So .0002 xt5 =.001
X1000 reverse split =$1.00

One dollar yes

The minute that reverse happens I really think there will be a selloff fast

Some call it a dumpathon ??????

To .10 cents exactly the value it was

I have never seen one reverse split not dump massively ever

Out of hundreds ???????

Please name a few successfulls so we can consider this a maybe .

[varmit]

Just food for thought ???????

This split can be a “kiss of death”

By contrast, a reverse split raises a company’s share price—and it’s typically a sign that a company is in trouble.

In fact, it’s been called “the kiss of death.”

In most cases, a company does a reverse split because its shares have fallen sharply–a sign that its business is struggling. And while the higher share price (following the split) might look better… it doesn’t improve the company’s prospects. Often, a reverse split does nothing more than prolong a company’s inevitable demise.