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timetomakemoney

10/23/23 12:28 PM

#109631 RE: SPM555 #109629

Well I hope MIKP goes .002 were it would have probably gone if Mark didn't file for a reverse split.
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Lime Time

10/23/23 8:48 PM

#109637 RE: SPM555 #109629

Buying into a reverse split is the dumbest thing I've ever heard.

I guess we find out in a couple months on how it works out.
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imiloa

10/24/23 5:09 AM

#109640 RE: SPM555 #109629

SPM, you're effectively betting that:

1. mark will bring some value to the stock eventually
that attracts new folks to the stock post-split,
as all his current holders are nonplussed and no longer trust him.

2. mark won't dilute heavily post-split,
before achieving #1.
aka: presuming you won't have the opportunity
to buy much lower than 0001 pre-split
before end of year.

i def grok the logic of buying
when there's "blood in the streets"
and getting a starter position
to which you can add later if lower.

but i do think we'll see sub-0050 post-RS
(ie: lower than 0001 pre-split)
if mark executes the RS.

i'm guessing your response will be,
"if it tanks lower, i'll just load a ton more."
aka: dollar-cost-averaging.

i hope it works out for you.
i'm holding onto some, too,
just in case mark does get his act together.

but i remain very wary of dilution post-RS
as you should be, too.
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timetomakemoney

10/24/23 11:01 AM

#109645 RE: SPM555 #109629

Did you stepped up and bought those .0003?