Replies to post #97160 on JP 3E Holdings Inc (JPTE)

[Kool Aid Man]

R/S size doesn't matter.

1-for-15 RS reduced the OS from 6,369,910,503 on 6/30/25 to 424,660,700 on 7/1/25 (since increased by 100 million).

The close on 6/30/25 was .0011 so (x15) it should have opened at .0165 the next day. Instead the open was .005 meaning someone got a sweetheart deal.

"one the smallest (R/S's) ever."

For argument's sake, if the 15:1 R/S resulted in a price of .0165 (as it should have) a drop to .0001 would result in a loss of -99.4%.

But lets say the R/S were 1-for-1,000 and resulted in a price of $1.10. A plunge to .0001 would be -99.99% ... a mere 0.59% less destructive.

When it comes to reverse splits it hardly matters if you jump off a 15 story building or a 50,000 one..you're still just as dead

[surfkast]

Smart scammer.